Economic Modeling of Water - The Australian CGE Experience (Hardcover, 2012)

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.

General

Imprint:	Springer
Country of origin:	Netherlands
Series:	Global Issues in Water Policy, 3
Release date:	March 2012
First published:	2012
Editors:	Glyn Wittwer
Dimensions:	235 x 155 x 15mm (L x W x T)
Format:	Hardcover
Pages:	188
Edition:	2012
ISBN-13:	978-9400728752
Categories:	Books > Business & Economics > Economics > Political economy Books > Professional & Technical > Agriculture & farming > Agricultural science Books > Business & Economics > Economics > Econometrics > General Books > Earth & environment > The environment > Environmental economics > General
LSN:	9400728751
Barcode:	9789400728752

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