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The Analysis of the Demand for Residential Water in the City of Denton (open access)

The Analysis of the Demand for Residential Water in the City of Denton

The main objective of this study is to analyze the demand for water in Denton. The data used for the study are obtained from the City of Denton Utilities Department, the Tax Appraisal District and government documents. The 121 households which have perfect ten years historical data of water consumption were selected to be the representatives of all households in Denton. The study reveals that the change in water consumption significantly relates to the change in marginal price. Furthermore, the weather variables also have strong effects on the water consumption, especially during summer. The coefficients of income and a "difference" variable are found to have the opposite sign but are not equal in magnitude. In fact, they should be equal in magnitude, but opposite in sign. While the estimated coefficients on all independent variables were highly significant statistically, the resulting coefficient on the house size variable was statistically insignificant in the model test. The results show that the difference variable is required in the model. It also had some effect on the water consumption. It is found that there is a small change in water consumption when the lot size is increased.
Date: December 1986
Creator: Sawangchareon, Dumrongchai
System: The UNT Digital Library
Estimating Residential Water Demand: a Case of Multiple-Part Tariff for Denton, Texas (open access)

Estimating Residential Water Demand: a Case of Multiple-Part Tariff for Denton, Texas

This paper analyzes the demand for water in case of a multiple-part tariff in Denton, Texas. The model used is developed from Billing & Agthe's model by using the following variables: marginal price, difference variable, tax assessed value, lot size, house size, temperature and rainfall.. The results indicate that temperature has the greatest effect on water demand, since this area is considered to be a very warm area. Also, marginal price seems to have a strong effect on water consumption indicating that customer is well-informed to a change in rate schedule. This test supports the original idea of the previous articles that the coefficient on difference variable and that on income should have the opposite sign. However, this test can not prove that those coefficients should be equal in magnitude, since the proxy of the income variable can not represent the individual monthly income. In addition, this article introduces another variable which can be a proxy of outdoor water use. That is lot size showing the effect on water demand. The last variable used in the model, house size,does not have much effect on water demand and is dropped out in the final model.
Date: December 1986
Creator: Wattanakuljarus, Voravit
System: The UNT Digital Library
A Qualitative and Quantitative Analysis of the Redistribution of Regional Economic Growth (open access)

A Qualitative and Quantitative Analysis of the Redistribution of Regional Economic Growth

Utilizing shift/share and economic base analysis, data covering employment, income, and population are analyzed for each of the nine regions of the United States as defined by the Census Bureau. The study covers 1970 through 1984 because widespread redistribution of employment and a shift toward more service-oriented, white collar jobs occurred during this period. This study presents currents trends and recommends ways in which people may better prepare for the future.
Date: December 1986
Creator: Riser, Jerome L.
System: The UNT Digital Library
The Relationship Between an Industry Average Beta Coefficient and Price Elasticity of Demand (open access)

The Relationship Between an Industry Average Beta Coefficient and Price Elasticity of Demand

The price elasticity of demand coefficient for a good or service is a measure of the sensitivity, or responsiveness, of the quantity demanded of a product to changes in the price of that product. The price elasticity of demand coefficients were generated for goods and services in nine different industries for the years 1972 to 1984. A simple linear demand function was employed, using the changes in the Consumer Price Index as a proxy for changes in price and Personal Consumption Expenditures, taken from the National Income and Product Accounts, as a proxy for quantity. Beta measures the sensitivity, or responsiveness, of a stock to the market. An industry average beta coefficient was generated for each of the nine industries over the time period, using the beta coefficients published by Value Line for firms which met certain criteria. In order to test the relationship between the price elasticity of demand and an industry average beta coefficient, a simple regression was performed using the beta coefficient as the dependent variable and the price elasticity of demand coefficient as the independent variable. The results broke down into 3 basic categories: those industries for which there seemed to be no relationship, those industries …
Date: December 1986
Creator: Joslyn-Battaglia, Kari
System: The UNT Digital Library
A Comparison of Permanent and Measured Income Inequality (open access)

A Comparison of Permanent and Measured Income Inequality

The degree of inequality present in the distribution of income may be measured with a gini coefficient. If the distribution is found to empirically fit a particular distribution function, then the gini coefficient may be derived from the mean value of income and the variation from the mean. For the purpose of this study, the Beta II distribution was used as the function which most closely approximates the actual distribution of income. The Beta II function provides the skewness which is normally found in an income distribution as well as fulfilling other required characteristics. The degree of inequality was approximated for the distribution of income from all sources and from ten separate components of income sources in constant (1973) dollars. Next, permanent income from all sources and from the ten component sources was estimated based upon actual income using the double exponential smoothing forecasting technique. The estimations of permanent income, which can be thought of as expected income, were used to derive measures of permanent income inequality. The degree of actual income inequality and the degree of permanent income inequality, both being represented by the hypothetical gini coefficient , were compared and tested for statistical differences. For the entire period …
Date: August 1986
Creator: McHargue, Susan L. (Susan Layne)
System: The UNT Digital Library
The Relationship Between Domestic Savings and Other Economic Indicators in Korea (open access)

The Relationship Between Domestic Savings and Other Economic Indicators in Korea

This study is an analysis of the relationship between domestic savings and three economic indicators in the Republic of Korea during the 1950s through 1980s. While domestic saving is affected by many economic phenomena, the analysis is confined to national income, exports, and inflation. The study is divided into five chapters. These are entitled (1) Introduction, (2) Domestic Savings, (3) Income and Domestic Savings, (4) Exports and Domestic Savings, (5) Inflation and Domestic Savings. In chapter I, Korea and the Korean economy are introduced, and the scope of the study is stated. Chapter II reviews the related realm of domestic savings: definition, kinds, and determinants of domestic savings. Chapter III presents the relationship between different incomes and domestic savings, and shows non-labor income contributes more powerfully to the formation of domestic savings than labor income. Chapter IV contains effects of exports, and hypothesis testing. The effect of exports suggests that export expansion affects domestic savings positively via an increase in gross national product. Chapter V deals with the correlation between inflation and domestic savings, and its testing. The correlation between inflation and domestic savings is not generally clear except for some specific cases.
Date: August 1986
Creator: Kim, Sunghoo
System: The UNT Digital Library
Saudi Arabia and United States Multinationals: A Partnership in Economic Development (open access)

Saudi Arabia and United States Multinationals: A Partnership in Economic Development

This study has been primarily concerned with the pattern of economic development and the role of the multinational corporations (MNC's) in that process in the Kingdom of Saudi Arabia. Two contrasting theoretical frameworks were adopted to assess the pattern of economic development followed in the Kingdom of Saudi Arabia from 1970 through 1983. The first theoretical perspective is the neoclassical approach to economic development which postulates that the productive resources at the disposal of a country and the institutions developed to guide the prudent use of them are paramount to a balanced development. On the other hand, Hymer's contrasting perspective is based on the Law of Uneven Development. Essentially, Hymer claimed that inequality is built into the growth mechanisms of the present day world capitalist economic system that shapes the international economy through the agency of the multinational corporations. Therefore, any involvement by the MNC's is necessarily hierarchical, and characterized by dominance and dependence as well as wealth and poverty, particularly between the industrial countries of Western Europe and North America and the less developed countries in the Third World societies. Ironically, the Saudi Arabian case shows that Hymer's Law of Uneven Development is questionable. First, instead of the location …
Date: August 1986
Creator: Al-Babtein, Ahmed
System: The UNT Digital Library
The Linkage Effect and Determinants of Direct Foreign Investment and Technology Transfer on a Developing Country's Industrialization: A Case Study of Taiwan (open access)

The Linkage Effect and Determinants of Direct Foreign Investment and Technology Transfer on a Developing Country's Industrialization: A Case Study of Taiwan

Industrialization has held great attention in developing countries. Taiwan has demonstrated rapid industrial development. The problem of this study is to find out, what incentives the government in Taiwan has provided to foreign investors, what contributions foreign investment has made to capital formation and government revenue, and what been its impact on foreign trade and the balance of payments. The results of our study conclude that DFI and technology transfer can have a significant positive impact on a developing host country's industrialization.
Date: May 1986
Creator: Chen, Dor-Pin
System: The UNT Digital Library