Economy Wide Modeling of Water at Regional and Global Scales is popular PDF and ePub book, written by Glyn Wittwer in 2019-02-07, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Economy Wide Modeling of Water at Regional and Global Scales can be Read Online from any device for your convenience.
Economy Wide Modeling of Water at Regional and Global Scales Book PDF Summary
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.
Detail Book of Economy Wide Modeling of Water at Regional and Global Scales PDF
- Author : Glyn Wittwer
- Release : 07 February 2019
- Publisher : Springer
- ISBN : 9789811361012
- Genre : Business & Economics
- Total Page : 223 pages
- Language : English
- PDF File Size : 17,5 Mb
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