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Advances in Applied General Equilibrium Modeling

Economy-Wide Modeling of Water at Regional and Global Scales

Editors: Wittwer, Glyn (Ed.)

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  • Addresses a compelling issue for current and future generations: the efficient allocation of water Provides a multi-faceted analysis, as each region of the world has its own specific features concerning water 
  • Offers unique insights into computable general equilibrium (CGE) modelling, such as terms-of-trade impacts, real appreciation impacts, and resource mobility as an avenue of adjustment 
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eBook 107,09 €
price for Spain (gross)
  • ISBN 978-981-13-6101-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 135,19 €
price for Spain (gross)
  • ISBN 978-981-13-6100-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
About this book

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.

About the authors

Glyn Wittwer is a Professorial Fellow at the Centre of Policy Studies (CoPS), Victoria University, Melbourne, Australia. He was one of the main developers of TERM (The Enormous Regional Model, a multi-regional computable general equilibrium (CGE) model devised by Professor Mark Horridge) and was the first to develop a dynamic version of TERM. He has also created versions of TERM for China and the USA. Although he has spent much time in model development at the CoPS, his main task is applying CGE models to policy issues. In addition, he has undertaken a number of projects examining the economic impacts of urban water supply augmentation. 

Table of contents (10 chapters)

Table of contents (10 chapters)

Buy this book

eBook 107,09 €
price for Spain (gross)
  • ISBN 978-981-13-6101-2
  • Digitally watermarked, DRM-free
  • Included format: EPUB, PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 135,19 €
price for Spain (gross)
  • ISBN 978-981-13-6100-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Economy-Wide Modeling of Water at Regional and Global Scales
Editors
  • Glyn Wittwer
Series Title
Advances in Applied General Equilibrium Modeling
Copyright
2019
Publisher
Springer Singapore
Copyright Holder
Springer Nature Singapore Pte Ltd.
eBook ISBN
978-981-13-6101-2
DOI
10.1007/978-981-13-6101-2
Hardcover ISBN
978-981-13-6100-5
Series ISSN
2520-8268
Edition Number
1
Number of Pages
XV, 212
Number of Illustrations
13 b/w illustrations, 23 illustrations in colour
Topics