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Economy-Wide Modeling of Water at Regional and Global Scales (Hardcover, 1st ed. 2019) Loot Price: R3,475
Discovery Miles 34 750
You Save: R309 (8%)
Economy-Wide Modeling of Water at Regional and Global Scales (Hardcover, 1st ed. 2019): Glyn Wittwer

Economy-Wide Modeling of Water at Regional and Global Scales (Hardcover, 1st ed. 2019)

Glyn Wittwer

Series: Advances in Applied General Equilibrium Modeling

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List price R3,784 Loot Price R3,475 Discovery Miles 34 750 | Repayment Terms: R326 pm x 12* You Save R309 (8%)

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This book deals with the economic modelling of water at the global, national and sub-national levels. It presents a multi-faceted analysis and, while it outlines the theories behind various models, its main purpose is to analyse policy issues and present insights arising from modelling, including a chapter analysing the macroeconomic implications of climate change. Arguably the most compelling reason for publishing a book on the economic modelling of water arises from the fact that agriculture accounts for approximately 70% of water used for economic purposes, while only contributing 4% of global income. Given that water is an essential commodity, this discrepancy may in part be symptomatic of an undervaluation of water due to immature and incomplete markets. In turn, this undervaluation has led to an ongoing misallocation of water. When economic models include water accounts that feed into production functions, they model impacts on the marginal product of water. Policies that improve the link between the marginal product and price of water will improve water allocation, while advanced economic models such as those presented here can enhance our ability to explore the possible impacts of improved policy.

General

Imprint: Springer Verlag, Singapore
Country of origin: Singapore
Series: Advances in Applied General Equilibrium Modeling
Release date: April 2019
First published: 2019
Editors: Glyn Wittwer
Dimensions: 235 x 155mm (L x W)
Format: Hardcover
Pages: 212
Edition: 1st ed. 2019
ISBN-13: 978-981-13-6100-5
Categories: Books > Business & Economics > Economics > Political economy
Books > Earth & environment > The environment > Management of land & natural resources
Books > Professional & Technical > Agriculture & farming > Agricultural science
Books > Earth & environment > The environment > Environmental economics > General
Books > Professional & Technical > Environmental engineering & technology > Sanitary & municipal engineering > Water supply & treatment > General
LSN: 981-13-6100-2
Barcode: 9789811361005

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