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| Bhaduri, Anik; Manna, Utpal; Barbier, Edward B.; Liebe, Jens. |
| As multiple countries share a river, the likelihood of a water resource conflict from climate change could be higher between countries. In this paper, we demonstrate how countries can cooperate in transboundary water sharing in a sustainable way, given the impacts of climate change. We illustrate the case of water sharing of the Volta River between the upstream and downstream country, Burkina Faso and Ghana respectively, where the latter country faces a tradeoff of water use between agriculture in the north and production of hydro energy in the south. In the framework of a stochastic Stackelberg differential game, we have shown how the issue of water sharing could be linked to hydropower export that can make water sharing between the countries sustaining... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Climate Change; Water sharing; Resource /Energy Economics and Policy; Risk and Uncertainty. |
| Ano: 2009 |
URL: http://purl.umn.edu/51303 |
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| Bhaduri, Anik; Perez, Nicostrato D.; Liebe, Jens. |
| The paper explores the scope and sustainability of a self-enforcing cooperative agreement in the framework of a game theoretic model, where the upstream and downstream country, Burkina Faso and Ghana respectively in the Volta River Basin, bargain over the level of water abstraction in the upstream. In the model we consider the case where the downstream country, Ghana, offers a discounted price for energy export to the upstream country, Burkina Faso, to restrict its water abstraction rate in the upstream. The paper examines the benefits and sustainability of such self-enforcing cooperative arrangements between Ghana and Burkina Faso given stochastic uncertainty in the river flow. The findings of the paper suggest that at the present condition, the marginal... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Bargaining; Cooperation; Transboundary; Uncertainty; Volta River Basin; Demand and Price Analysis; Environmental Economics and Policy; Risk and Uncertainty. |
| Ano: 2008 |
URL: http://purl.umn.edu/43324 |
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