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Climate Change and Texas Water Planning: an Economic Analysis of Inter-basin Water Transfers AgEcon
Cai, Yongxia; McCarl, Bruce A..
Panel models with random effects are used to estimate how climate influences in-stream surface water supply, municipal water demand, crop yields and irrigation water use. The results are added into TEXRIVERSIM, a state wide economic, hydrological, environmental and inter-basin water transfer (IBTs) investment model, through the objective function and hydrological constraints. A climate change related scenario analysis from the Global Circulation Models (GCMs)--Hadley, Canadian, BCCR and NCAR with SRES scenarios A1B, B1, and A2 indicates that inter-basin water transfers not only greatly relax water scarcity problems for major cities and industrial counties, but also create growth opportunity for Houston. However, while destination basins receive the...
Tipo: Conference Paper or Presentation Palavras-chave: Climate Change; Inter-basin Water Transfers; Water Scarcity; Environmental Stream Flows; Environmental Economics and Policy; Q25; Q54; Q58.
Ano: 2009 URL: http://purl.umn.edu/49933
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Reallocating Water: An Application of Sequential Sharing Rules to Cyprus AgEcon
Ansink, Erik; Marchiori, Carmen.
We present an axiomatic approach to the reallocation of water rights among economic sectors. Reallocation may be appropriate when the current schedule of water allocation is considered unfair. Our proposed approach is based on the combination of initial water rights, sectors' claims to water, and an exogenous ordering of these sectors. We apply sharing rules, based on bankruptcy rules, to reallocate water, which complements other approaches to the reallocation of water rights, including those based on water markets. Our approach is illustrated using an application to water reallocation in Cyprus, where reallocation of water rights has been recognised as an essential step towards good water governance and one of the main challenges for current water policies.
Tipo: Working or Discussion Paper Palavras-chave: Water Reallocation; Sequential Sharing Rule; Water Scarcity; Axiomatic Approach; Cyprus; Environmental Economics and Policy; D63; D71; Q25.
Ano: 2009 URL: http://purl.umn.edu/56222
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