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Economic Modeling of Water - The Australian CGE Experience (Hardcover, 2012)
Loot Price: R2,865
Discovery Miles 28 650
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Economic Modeling of Water - The Australian CGE Experience (Hardcover, 2012)
Series: Global Issues in Water Policy, 3
Expected to ship within 10 - 15 working days
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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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