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Environmental Sciences

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Open Access Theses & Dissertations

2015

Applied Econometrics

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Short-Term Forecasting Analysis Of Municipal Water Demand In El Paso, Texas, Alejandro Ceballos Jan 2015

Short-Term Forecasting Analysis Of Municipal Water Demand In El Paso, Texas, Alejandro Ceballos

Open Access Theses & Dissertations

Short-term water demand forecasts inform decisions regarding budgeting, rate design, water supply system operations, and effective implementation of conservation policies. This study develops a Linear Transfer Function (LTF) forecasting model for El Paso, Texas, a growing city located in the desert Southwest region of the United States. The model is used to generate monthly-frequency out-of-sample simulations of water demand for periods when actual demand is known. To measure the accuracy of the LTF projections against viable alternatives, a set of benchmark forecasts is also developed. Both descriptive accuracy metrics and formal statistical tests are used to analyze predictive performance. The …