Economic Modeling of Water
Title | Economic Modeling of Water PDF eBook |
Author | Glyn Wittwer |
Publisher | Springer Science & Business Media |
Pages | 195 |
Release | 2012-03-06 |
Genre | Business & Economics |
ISBN | 940072876X |
The book details the innovative TERM (The Enormous Regional Model) approach to regional and national economic modeling, and explains the conversion from a comparative-static to a dynamic model. It moves on to an adaptation of TERM to water policy, including the additional theoretical and database requirements of the dynamic TERM-H2O model. In particular, it examines the contrasting economic impacts of water buyback policy and recurring droughts in the Murray-Darling Basin. South-east Queensland, where climate uncertainty has been borne out by record-breaking drought and the worst floods in living memory, provides a chapter-length case study. The exploration of the policy background and implications of TERM’s dynamic modeling will provide food for thought in policy making circles worldwide, where there is a pressing need for solutions to similarly intractable problems in water management.
Economic Modeling for water policy evaluation
Title | Economic Modeling for water policy evaluation PDF eBook |
Author | |
Publisher | |
Pages | |
Release | 1974 |
Genre | |
ISBN |
Economy-Wide Modeling of Water at Regional and Global Scales
Title | Economy-Wide Modeling of Water at Regional and Global Scales PDF eBook |
Author | Glyn Wittwer |
Publisher | Springer |
Pages | 223 |
Release | 2019-02-07 |
Genre | Business & Economics |
ISBN | 9811361010 |
This book deals with the economic modelling of water at the global, national and sub-national levels. It presents a multi-faceted analysis and, while it outlines the theories behind various models, its main purpose is to analyse policy issues and present insights arising from modelling, including a chapter analysing the macroeconomic implications of climate change. Arguably the most compelling reason for publishing a book on the economic modelling of water arises from the fact that agriculture accounts for approximately 70% of water used for economic purposes, while only contributing 4% of global income. Given that water is an essential commodity, this discrepancy may in part be symptomatic of an undervaluation of water due to immature and incomplete markets. In turn, this undervaluation has led to an ongoing misallocation of water. When economic models include water accounts that feed into production functions, they model impacts on the marginal product of water. Policies that improve the link between the marginal product and price of water will improve water allocation, while advanced economic models such as those presented here can enhance our ability to explore the possible impacts of improved policy.
Economic Modeling of Water
Title | Economic Modeling of Water PDF eBook |
Author | Glyn Wittwer |
Publisher | Springer |
Pages | 188 |
Release | 2012-03-14 |
Genre | Business & Economics |
ISBN | 9789400728776 |
The book details the innovative TERM (The Enormous Regional Model) approach to regional and national economic modeling, and explains the conversion from a comparative-static to a dynamic model. It moves on to an adaptation of TERM to water policy, including the additional theoretical and database requirements of the dynamic TERM-H2O model. In particular, it examines the contrasting economic impacts of water buyback policy and recurring droughts in the Murray-Darling Basin. South-east Queensland, where climate uncertainty has been borne out by record-breaking drought and the worst floods in living memory, provides a chapter-length case study. The exploration of the policy background and implications of TERM’s dynamic modeling will provide food for thought in policy making circles worldwide, where there is a pressing need for solutions to similarly intractable problems in water management.
Economy-wide Modeling of Water at Regional and Global Scales
Title | Economy-wide Modeling of Water at Regional and Global Scales PDF eBook |
Author | Glyn Wittwer |
Publisher | |
Pages | |
Release | 2019 |
Genre | Computable general equilibrium models |
ISBN | 9789811361029 |
This book deals with the economic modelling of water at the global, national and sub-national levels. It presents a multi-faceted analysis and, while it outlines the theories behind various models, its main purpose is to analyse policy issues and present insights arising from modelling, including a chapter analysing the macroeconomic implications of climate change. Arguably the most compelling reason for publishing a book on the economic modelling of water arises from the fact that agriculture accounts for approximately 70% of water used for economic purposes, while only contributing 4% of global income. Given that water is an essential commodity, this discrepancy may in part be symptomatic of an undervaluation of water due to immature and incomplete markets. In turn, this undervaluation has led to an ongoing misallocation of water. When economic models include water accounts that feed into production functions, they model impacts on the marginal product of water. Policies that improve the link between the marginal product and price of water will improve water allocation, while advanced economic models such as those presented here can enhance our ability to explore the possible impacts of improved policy.
Modeling Economic Management and Policy Issues of Water in Irrigated Agriculture
Title | Modeling Economic Management and Policy Issues of Water in Irrigated Agriculture PDF eBook |
Author | Ariel Dinar |
Publisher | Bloomsbury Publishing USA |
Pages | 264 |
Release | 1996-08-23 |
Genre | Political Science |
ISBN | 0313368163 |
This work presents models that characterize the relationships between quantity and quality of irrigation water application, and agricultural production and the environment. A comprehensive modeling approach addressing both the benefits of irrigation and the potential negative effects is introduced. Physical-biological concepts are combined with economic and engineering principles to demonstrate the usefulness of the model for analyzing various water management and policy issues. Decision makers on all levels should find the modeling approach interesting and useful in the management issues from the farm to national levels.
Review of Hydro-economic Models to Address River Basin Management Problems: Structure, Applications and Research Gaps
Title | Review of Hydro-economic Models to Address River Basin Management Problems: Structure, Applications and Research Gaps PDF eBook |
Author | Maksud Bekchanov |
Publisher | International Water Management Institute (IWMI) |
Pages | 64 |
Release | 2015-12-31 |
Genre | Nature |
ISBN | 9290908262 |