Price Elasticity of the Residential Water Demand. Case-Study: Investment Project in Cluj County, Romania

<p>In Romania, local authorities and the newly established Regional Operators one of them being S.C. Compania de Apă Someş S.A., are required to fully comply with EU regulations concerning water and wastewater quality. In order to meet these requirements in due time, a lot of investment projec...

Full description

Saved in:
Bibliographic Details
Main Authors: Vasile Iuliu CIOMOŞ, Dorin Marcel CIATARÂŞ, Alina Oana CIOMOŞ
Format: Article
Language:English
Published: Babes-Bolyai University, Cluj-Napoca 2012-06-01
Series:Transylvanian Review of Administrative Sciences
Subjects:
Online Access:https://rtsa.ro/tras/index.php/tras/article/view/61
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1839641071906193408
author Vasile Iuliu CIOMOŞ
Dorin Marcel CIATARÂŞ
Alina Oana CIOMOŞ
author_facet Vasile Iuliu CIOMOŞ
Dorin Marcel CIATARÂŞ
Alina Oana CIOMOŞ
author_sort Vasile Iuliu CIOMOŞ
collection DOAJ
description <p>In Romania, local authorities and the newly established Regional Operators one of them being S.C. Compania de Apă Someş S.A., are required to fully comply with EU regulations concerning water and wastewater quality. In order to meet these requirements in due time, a lot of investment projects have to be prepared and implemented. The financing of these investments requires a progressive increase of the tariffs. In the last ten years, in Romania, the tariffs for the water services have been significantly augmented, more than in any other East European country. In the same time, a substantial reduction of the residential water consumption, measured in liters per capita per day, has been observed. In this article, the price elasticity of residential water demand for water services was analyzed, given its importance in the framework of the feasibility studies for investments to be made in order to insure compliance with EU water and wastewater Directives. In the same time, considerations with regard to the evolution of the tariff for water services and of the residential water demand are provided, with the aim of better explaining the context in which these variables evolve.</p>
format Article
id doaj-art-e741e4c9a02c4aa5adc6f30d85c104a2
institution Matheson Library
issn 1842-2845
language English
publishDate 2012-06-01
publisher Babes-Bolyai University, Cluj-Napoca
record_format Article
series Transylvanian Review of Administrative Sciences
spelling doaj-art-e741e4c9a02c4aa5adc6f30d85c104a22025-07-03T07:31:27ZengBabes-Bolyai University, Cluj-NapocaTransylvanian Review of Administrative Sciences1842-28452012-06-01836677677Price Elasticity of the Residential Water Demand. Case-Study: Investment Project in Cluj County, RomaniaVasile Iuliu CIOMOŞ0Dorin Marcel CIATARÂŞ1Alina Oana CIOMOŞ2PhD, President of Romanian Water Association, Bucharest, RomaniaPhD, General Director of Cluj – Sălaj Water Company, Cluj-Napoca, RomaniaPhD, CIDC Executive Secretary, Romanian Water Association, Bucharest, Romania<p>In Romania, local authorities and the newly established Regional Operators one of them being S.C. Compania de Apă Someş S.A., are required to fully comply with EU regulations concerning water and wastewater quality. In order to meet these requirements in due time, a lot of investment projects have to be prepared and implemented. The financing of these investments requires a progressive increase of the tariffs. In the last ten years, in Romania, the tariffs for the water services have been significantly augmented, more than in any other East European country. In the same time, a substantial reduction of the residential water consumption, measured in liters per capita per day, has been observed. In this article, the price elasticity of residential water demand for water services was analyzed, given its importance in the framework of the feasibility studies for investments to be made in order to insure compliance with EU water and wastewater Directives. In the same time, considerations with regard to the evolution of the tariff for water services and of the residential water demand are provided, with the aim of better explaining the context in which these variables evolve.</p>https://rtsa.ro/tras/index.php/tras/article/view/61residential water consumptionwater tariffprice elasticity of demandsustainable developmentcluj-napoca.
spellingShingle Vasile Iuliu CIOMOŞ
Dorin Marcel CIATARÂŞ
Alina Oana CIOMOŞ
Price Elasticity of the Residential Water Demand. Case-Study: Investment Project in Cluj County, Romania
Transylvanian Review of Administrative Sciences
residential water consumption
water tariff
price elasticity of demand
sustainable development
cluj-napoca.
title Price Elasticity of the Residential Water Demand. Case-Study: Investment Project in Cluj County, Romania
title_full Price Elasticity of the Residential Water Demand. Case-Study: Investment Project in Cluj County, Romania
title_fullStr Price Elasticity of the Residential Water Demand. Case-Study: Investment Project in Cluj County, Romania
title_full_unstemmed Price Elasticity of the Residential Water Demand. Case-Study: Investment Project in Cluj County, Romania
title_short Price Elasticity of the Residential Water Demand. Case-Study: Investment Project in Cluj County, Romania
title_sort price elasticity of the residential water demand case study investment project in cluj county romania
topic residential water consumption
water tariff
price elasticity of demand
sustainable development
cluj-napoca.
url https://rtsa.ro/tras/index.php/tras/article/view/61
work_keys_str_mv AT vasileiuliuciomos priceelasticityoftheresidentialwaterdemandcasestudyinvestmentprojectinclujcountyromania
AT dorinmarcelciataras priceelasticityoftheresidentialwaterdemandcasestudyinvestmentprojectinclujcountyromania
AT alinaoanaciomos priceelasticityoftheresidentialwaterdemandcasestudyinvestmentprojectinclujcountyromania