Credit, Kevin and Mack, Elizabeth A. and Wrase, Sarah (2019) A Multi-Regional Input-Output (MRIO) Analytical Framework for Assessing the Regional Economic Impacts of Rising Water Prices. Review of regional studies, 49. pp. 351-380. ISSN 1553-0892

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Abstract

Understanding the regional economic implications of rising water and wastewater services is important, because these services are household necessities. To date, however, there are few (if any) studies examining the link between water costs and indicators of economic vitality such as jobs, output, and regional income. To advance work on this particular topic, this paper proposes a novel methodology that estimates changes in household spending information from the Consumer Expenditure Survey (CES) for a particular change in water prices. This vector of final demand changes is then linked to multi-regional input-output (MRIO) models to estimate the regional economic impacts associated with changes in consumer spending patterns. To demonstrate this methodology, three water price increase scenarios are derived, and associated changes in final demand estimated.

Item Type:	Article
Additional Information:	Cite as: Credit, Kevin & Mack, Elizabeth & Wrase, Sarah. (2019). A Multi-Regional Input-Output (MRIO) Analytical Framework for Assessing the Regional Economic Impacts of Rising Water Prices. The Review of regional studies. 49. 351-380. 10.52324/001c.10172.
Keywords:	water prices; multi-regional input-output analysis; Phoenix AZ; infrastructure economic impact analysis;
Academic Unit:	Faculty of Science and Engineering > Research Institutes > National Centre for Geocomputation, NCG Faculty of Social Sciences > Geography Faculty of Social Sciences > Research Institutes > Maynooth University Social Sciences Institute, MUSSI
Item ID:	14938
Identification Number:	https://doi.org/10.52324/001c.10172
Depositing User:	Kevin Credit
Date Deposited:	19 Oct 2021 14:20
Journal or Publication Title:	Review of regional studies
Publisher:	Southern Regional Science Association
Refereed:	Yes
URI:	Publisher Organisation
Use Licence:	This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here

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