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Economy-wide modeling of water at regional and global scales

Author: Glyn Wittwer
Publisher: Singapore : Springer, 2019.
Series: Advances in applied general equilibrium modeling.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
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  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Economy-wide modeling of water at regional and global scales.
Singapore : Springer, 2019
(OCoLC)1079413847
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Glyn Wittwer
ISBN: 9789811361012 9811361010
OCLC Number: 1084757004
Description: 1 online resource
Contents: Intro; Preface; Contents; Editor and Contributors; List of Figures; List of Tables; 1 The Contexts for Water Modeling; 1.1 Background; 1.2 The Role of Economics; 1.3 The Role of Economic Models and Outline of This Volume; 1.4 Inferences from This Volume; References; 2 Implications of Water Scarcity for Economic Growth; 2.1 Economic Modelling of Water; 2.1.1 Aggregate Production Function Approach; 2.1.2 Water and Growth in a CGE Framework; 2.1.3 Implications for the Modelling of Water Scarcity and Growth; 2.2 Modelling Irrigation Water in a Global CGE Framework; 2.2.1 Competition for Water 2.2.2 Structure of the Production Function2.3 Water Use in Energy Production; 2.3.1 Water Use for Hydropower Production; 2.3.2 Water Consumption by Conventional Power Plants; 2.3.3 Water for Biofuels; 2.4 Residential Demand for Water; 2.5 Commercial and Industrial Demand for Water; 2.5.1 Commercial Water Demand; 2.5.2 Industrial Water Demand; 2.6 Environmental Demands; 2.7 Water Supply and Allocation; 2.7.1 Reuse of Water; 2.7.2 Economy-Wide Water Supply; 2.7.3 Allocation Across Sectors; 2.7.4 Implications for CGE Modelling; 2.8 Conclusions and Research Priorities; References 3 Analyzing Future Water Scarcity in Computable General Equilibrium Models3.1 Motivation; 3.2 Literature Review: Water in Global CGE Models; 3.3 Overview of GTAP-BIO-W; 3.3.1 Model Structure; 3.3.2 Water Scarcity Experiment and Benchmark Results; 3.4 Experimental Design: Three Simplifications for Global Water Modelling; 3.4.1 Simplification One: Single-Region Analysis (Henceforth the Single-Region Model); 3.4.2 Simplification Two: Collapsing Irrigated and Rainfed Agriculture into a Single Activity (the Combined I & R Model) 3.4.3 Simplification Three: Aggregating River Basins to the National Level (the Unified Basin Model)3.5 Analyzing the Consequences of Global Model Simplifications; 3.5.1 Impacts of Future Water Scarcity on Trade; 3.5.2 Impacts on Crop Output; 3.5.3 Impacts on Land Use Change; 3.5.4 Macro-Level Variable Changes: Welfare and Trade Balance Comparison Across Models; 3.6 Summary and Implications for Future Research; Appendix; References; 4 Beyond Water Stress: Structural Adjustment and Macroeconomic Consequences of the Emerging Water Scarcity; 4.1 Introduction 4.2 The Design of a Set of Simulation Exercises4.3 Results; 4.4 Discussion; 4.5 Conclusion; Appendix 1: An Assessment of Future Water Deficits; Appendix 2: Estimation of the Marginal Value and Output Elasticity of Water; Appendix 3: The Construction of Regionally Differentiated Impact Scenarios; References; 5 TERM-H2O Modeling of Droughts in Australia and California; 5.1 Background; 5.2 The Context for Model Modifications; 5.2.1 Observed Changes in Water Usage from Year to Year; 5.2.2 Devising Appropriate Model Theory from Observed Data; 5.3 Main Modifications in TERM-H2O
Series Title: Advances in applied general equilibrium modeling.
Responsibility: editor: Glyn Wittwer.

Abstract:

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  Read more...

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