Economic Modeling of Water: The Australian CGE Experience
Author:   Glyn Wittwer
Publisher:   Springer
Edition:   2012 ed.
Volume:   3
ISBN:  

9789400799127


Pages:   188
Publication Date:   16 April 2014
Format:   Paperback
Availability:   Manufactured on demand   Availability explained
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Economic Modeling of Water: The Australian CGE Experience


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Overview

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.

Full Product Details

Author:   Glyn Wittwer
Publisher:   Springer
Imprint:   Springer
Edition:   2012 ed.
Volume:   3
Dimensions:   Width: 15.50cm , Height: 1.30cm , Length: 23.50cm
Weight:   0.320kg
ISBN:  

9789400799127


ISBN 10:   9400799128
Pages:   188
Publication Date:   16 April 2014
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   Manufactured on demand   Availability explained
We will order this item for you from a manufactured on demand supplier.

Table of Contents

Foreword.- Preface.- 1. Practical Policy Analysis Using TERM.- PART I: The TERM Approach.- 2. The TERM Model and its Data Base.- 3. Introducing Dynamics to TERM.- PART II: Water Modeling.- 4. Water Resources Modeling: A Review.- 5. The Theory of TERM-H2O.- 6. Buybacks to Restore the Southern Murray-Darling Basin.- 7. The Economic Consequences of a Prolonged Drought in the Southern Murray-Darling Basin.- 8. Urban Water Supply: A Case Study of South-east Queensland.- 9. Applying TERM-H2O to Other Countries.- Index.

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