Economic Modeling of Water
The Australian CGE Experience
1st Edition
Published on 6. March 2012
XVI, 188 pages
978-94-007-2876-9 (ISBN)
Description
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.
More details
Series
Language
English
Place of publication
Dordrecht
Netherlands
Publishing group
Springer Netherland
Target group
Professional and scholarly
Product notice
Reflowable
Illustrations
XVI, 188 p.
File size
2,84 MB
ISBN-13
978-94-007-2876-9 (9789400728769)
DOI
10.1007/978-94-007-2876-9
Schweitzer Classification
Other editions
Additional editions
Book
04/2014
Springer
€106.99
Shipment within 15-20 days
Book
03/2012
Springer
€106.99
Shipment within 15-20 days
Content
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.
