Economic Modeling Of Water


Economic Modeling Of Water
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Economy Wide Modeling Of Water At Regional And Global Scales


Economy Wide Modeling Of Water At Regional And Global Scales
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Author : Glyn Wittwer
language : en
Publisher:
Release Date : 2019

Economy Wide Modeling Of Water At Regional And Global Scales written by Glyn Wittwer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Computable general equilibrium models categories.


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


Economic Modeling Of Water
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Author : Glyn Wittwer
language : en
Publisher: Springer Science & Business Media
Release Date : 2012-03-14

Economic Modeling Of Water written by Glyn Wittwer and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-14 with Business & Economics categories.


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


Economy Wide Modeling Of Water At Regional And Global Scales
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Author : Glyn Wittwer
language : en
Publisher: Springer
Release Date : 2019-02-07

Economy Wide Modeling Of Water At Regional And Global Scales written by Glyn Wittwer and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-02-07 with Business & Economics categories.


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 For Water Policy Evaluation


Economic Modeling For Water Policy Evaluation
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Author : Robert McDowell Thrall
language : en
Publisher: North-Holland
Release Date : 1976

Economic Modeling For Water Policy Evaluation written by Robert McDowell Thrall and has been published by North-Holland this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Business & Economics categories.




Economic Modeling Of Water


Economic Modeling Of Water
DOWNLOAD

Author : Glyn Wittwer
language : en
Publisher: Springer
Release Date : 2012-03-14

Economic Modeling Of Water written by Glyn Wittwer and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-03-14 with Business & Economics categories.


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


Economic Modeling For Water Policy Evaluation
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Author : Robert M. Thrall
language : en
Publisher:
Release Date : 1976

Economic Modeling For Water Policy Evaluation written by Robert M. Thrall and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1976 with Water resources development categories.




Review Of Hydro Economic Models To Address River Basin Management Problems Structure Applications And Research Gaps


Review Of Hydro Economic Models To Address River Basin Management Problems Structure Applications And Research Gaps
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Author : Maksud Bekchanov
language : en
Publisher: International Water Management Institute (IWMI)
Release Date : 2015-12-31

Review Of Hydro Economic Models To Address River Basin Management Problems Structure Applications And Research Gaps written by Maksud Bekchanov and has been published by International Water Management Institute (IWMI) this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-31 with Nature categories.




Modeling Economic Management And Policy Issues Of Water In Irrigated Agriculture


Modeling Economic Management And Policy Issues Of Water In Irrigated Agriculture
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Author : Ariel Dinar
language : en
Publisher: Bloomsbury Publishing USA
Release Date : 1996-08-23

Modeling Economic Management And Policy Issues Of Water In Irrigated Agriculture written by Ariel Dinar and has been published by Bloomsbury Publishing USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-08-23 with Political Science categories.


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.



Linking The Economics Of Water Energy And Food A Nexus Modeling Approach


Linking The Economics Of Water Energy And Food A Nexus Modeling Approach
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Author : Al-Riffai, Perrihan
language : en
Publisher: Intl Food Policy Res Inst
Release Date : 2017-04-28

Linking The Economics Of Water Energy And Food A Nexus Modeling Approach written by Al-Riffai, Perrihan and has been published by Intl Food Policy Res Inst this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-28 with Political Science categories.


We use an innovative methodology to model the socioeconomic linkages between water, energy, and food in the East Nile Basin. Based upon a theoretical nexus framework, the methodology is expanded into a quantifiable modeling suite that under-lies the analysis of each of three country case studies. The advantages are that, despite resource shortages being a challenge, the modeling suite aids in devising policies and strategies that formulate these sectoral interdependencies and provide the evidence-based research results necessary for their design in a way that exploits synergies existing across sectors, countries, and regions (Al-Zubari n.d.). This paper lays out the methodology and gives an example of an application and scenarios by focusing on three countries in the East Nile Basin. This methodology paper will be followed by three individual country case studies that highlight the water, energy, and food nexus for each.



A Hydro Economic Methodology For The Food Energy Water Nexus


A Hydro Economic Methodology For The Food Energy Water Nexus
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Author : Justin S. Baker
language : en
Publisher: RTI Press
Release Date : 2021-05-27

A Hydro Economic Methodology For The Food Energy Water Nexus written by Justin S. Baker and has been published by RTI Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-27 with Science categories.


Growing global water stress caused by the combined effects of growing populations, increasing economic development, and climate change elevates the importance of managing and allocating water resources in ways that are economically efficient and that account for interdependencies between food production, energy generation, and water networks—often referred to as the “food-energy-water (FEW) nexus.” To support these objectives, this report outlines a replicable hydro-economic methodology for assessing the value of water resources in alternative uses across the FEW nexus–including for agriculture, energy production, and human consumption—and maximizing the benefits of these resources through optimization analysis. The report’s goal is to define the core elements of an integrated systems-based modeling approach that is generalizable, flexible, and geographically portable for a range of FEW nexus applications. The report includes a detailed conceptual framework for assessing the economic value of water across the FEW nexus and a modeling framework that explicitly represents the connections and feedbacks between hydrologic systems (e.g., river and stream networks) and economic systems (e.g., food and energy production). The modeling components are described with examples from existing studies and applications. The report concludes with a discussion of current limitations and potential extensions of the hydro-economic methodology.