Record Display for the EPA National Library Catalog
RECORD NUMBER: 4 OF 8
|OLS Field Name||OLS Field Data|
|Main Title||Economic Modelling of Water Supply: An Econometric Analysis of the Multiproduct Firm.|
|Author||Kim, H. Y. ;|
|CORP Author||Cincinnati Univ., OH.;Environmental Protection Agency, Cincinnati, OH. Water Engineering Research Lab.|
|Additional Subjects||Economic models ; Water supply ; Production ; Cost analysis ; Industries ; Specifications ; Demand(Economics) ; Prices ; Residential buildings ; Industrial plants ; Tables(Data) ; Cost estimates ; Income ; Taxes ; Water distribution ; Distribution systems ; Operations ; Populations ; Public utilities ; Water demand ; Economies of scale|
Research was conducted to develop a comprehensive economic model that could use the neoclassical theory of the multiproduct firm to analyze the production structure of water supply. The project attempts to meet the need for in-depth analysis of the cost and economic structure of water supply. The cost structure of the water supply industry was estimated using the recently refined translog function. Issues addressed included restrictive specifications for water supply technology, input demand function for water supply, scale economies, marginal costs and output supply, and pricing of water and the presence of cross subsidization among residential and nonresidential users. Findings of this research represents the first attempt to apply the translog production function in the water supply area.