Economic Modeling of Water: The Australian CGE Experience (Global Issues in Water Policy Book 3)
Economic Modeling of Water: The Australian CGE Experience (Global Issues in Water Policy Book 3)

How to Read Economic Modeling of Water: The Australian CGE Experience (Global Issues in Water Policy Book 3) DOC

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.

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  • Released: November 16, 2020
  • Author: Glyn Wittwer (Ed.),Glyn Wittwer
  • Rating: 4,9
  • Publisher: Ebook DIgital Agency
  • Total Page: 498 pages
  • File Size: 3670 KB
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