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Economic Assessment Of Water Market Reform Using The Water Policy Model
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Book Synopsis Economic Assessment of Water Market Reform Using the Water Policy Model by : M. Eigenraam
Download or read book Economic Assessment of Water Market Reform Using the Water Policy Model written by M. Eigenraam and published by . This book was released on 1999 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Water Markets by : Wheeler, Sarah A.
Download or read book Water Markets written by Wheeler, Sarah A. and published by Edward Elgar Publishing. This book was released on 2021-08-27 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Exploring water scarcity issues in light of the growing crisis in global water management, this book examines the applicability of water markets. It provides an overview and understanding of the presence of water markets across the globe, analysing the ways in which different countries and regions are grappling with water scarcity.
Book Synopsis The Institutional Economics of Water by : R. Maria Saleth
Download or read book The Institutional Economics of Water written by R. Maria Saleth and published by World Bank Publications. This book was released on 2004-01-01 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines issues of water sector reform and performance from the perspectives of institutional economics and political economic studies. The authors develop an alternative quantitative assessment methodology based on the principle of 'institutional ecology', as well as data collected from 127 water experts from 43 countries and regions around the world using a cross-country review of recent water sector reforms within an institutional transaction cost framework.
Book Synopsis Economic Modeling of Water by : Glyn Wittwer
Download or read book Economic Modeling of Water written by Glyn Wittwer and published by Springer Science & Business Media. This book was released on 2012-03-06 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book details the innovative TERM (The Enormous Regional Model) approach to regional and national economic modeling, and explains the conversion from a comparative-static to a dynamic model. It moves on to an adaptation of TERM to water policy, including the additional theoretical and database requirements of the dynamic TERM-H2O model. In particular, it examines the contrasting economic impacts of water buyback policy and recurring droughts in the Murray-Darling Basin. South-east Queensland, where climate uncertainty has been borne out by record-breaking drought and the worst floods in living memory, provides a chapter-length case study. The exploration of the policy background and implications of TERM’s dynamic modeling will provide food for thought in policy making circles worldwide, where there is a pressing need for solutions to similarly intractable problems in water management.
Book Synopsis Water Policy Reform by : John Quiggin
Download or read book Water Policy Reform written by John Quiggin and published by Edward Elgar Publishing. This book was released on 2012 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'This book is a must-read for anyone interested in how to ensure sustainability while effectively addressing social and economic issues. The contributors are all well-recognised in their areas of expertise and their chapters are highly informative. The book's focus is on policy reform in the MurrayDarling Basin. It offers a "window to the future" and important insights for other parts of the world that are also facing the dilemma of the overextraction of water and what to do about it. I highly recommend it.' Quentin Grafton, The Australian National University 'Managing the water of the MurrayDarling Basin has emerged as one of the greatest challenges for Australia's scientists, social scientists and policymakers. This book brings together some of Australia's leading economists and social scientists to discuss ideas and solutions for a national problem that is both intriguing and exasperating. Readers will enjoy the candid discussion of both the distant and recent history of this issue, plus the innovative solutions. From a philosophical perspective the reader may wish to muse on the relative merits of different degrees of free market and private property approaches vs top-down control as they pertain to the past, present and future of Australia's largest river basin.' Hugh Possingham, University of Queensland, Australia Agriculture in the MurrayDarling Basin of Australia represents a controversial 'policy experiment' comprising large capital investments, innovation and enterprise across a 100-year period. This book, which contains contributions from some of Australia's foremost economic, social science and public policy researchers and writers, examines the evolution of public policy frameworks that transformed water management from initial exploitation for irrigation as a dominant single use to a dynamic multiple-use resource system. Water Policy Reform provides both analytical insights and examples of successes and failures in developing water policy in a complex and politically-contested environment. As such, this work attempts to develop a comprehensive management plan for the Basin and provides novel and invaluable lessons for an increasingly global problem. This well-researched study will interest both economists and those with public policy interest in academia and the public sector, including development agencies concerned with sustainable water resource management.
Book Synopsis Economic Modeling of Water by : Glyn Wittwer
Download or read book Economic Modeling of Water written by Glyn Wittwer and published by Springer Science & Business Media. This book was released on 2012-03-14 with total page 195 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book details the innovative TERM (The Enormous Regional Model) approach to regional and national economic modeling, and explains the conversion from a comparative-static to a dynamic model. It moves on to an adaptation of TERM to water policy, including the additional theoretical and database requirements of the dynamic TERM-H2O model. In particular, it examines the contrasting economic impacts of water buyback policy and recurring droughts in the Murray-Darling Basin. South-east Queensland, where climate uncertainty has been borne out by record-breaking drought and the worst floods in living memory, provides a chapter-length case study. The exploration of the policy background and implications of TERM’s dynamic modeling will provide food for thought in policy making circles worldwide, where there is a pressing need for solutions to similarly intractable problems in water management.
Book Synopsis Water Policy, Productivity and Economic Efficiency by : Todd Green
Download or read book Water Policy, Productivity and Economic Efficiency written by Todd Green and published by MDPI. This book was released on 2018-10-08 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a printed edition of the Special Issue "Water Policy, Productivity and Economic Efficiency" that was published in Water
Book Synopsis The Political Economy of Water Pricing Reforms by : Ariel Dinar
Download or read book The Political Economy of Water Pricing Reforms written by Ariel Dinar and published by Elsevier. This book was released on 2000 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lately our world has witnessed massive changes and reforms in various sectors in many countries, developing and developed alike. Institutional and pricing reforms in the water sector are also part of that recent trend. They are led by the recognition of a need to respond to increased scarcity and deteriorated quality. Is the water sector different than other sectors, as some claim? Should reforms in the water sector be designed and implemented differently than reforms of a similar type, in other sectors? The Political Economy of Water Pricing Reforms answers these questions by providing various analytical frameworks that allow comparison across various conditions, and by actually comparing reform processes under various conditions in different countries. This book demonstrates the common threads that characterize pricing reforms in the water sector by analyzing various aspects of the reforms in the irrigation and urban subsectors of 10 countries. Cases from Morocco, Senegal, Honduras, Belgium, Australia, Brazil, Mexico, Pakistan, Yemen, and the United States illustrate the difficulties of designing and implementing "optimal" pricing reforms and explain how reform outcomes fall short of the original objective. "This book should be on the must reading list for anyone interested in water pricing and how to reform water rights systems to achieve increased economic efficiency as well as a legitimate and equitable system of property rights." Elinor Ostrom, Co-Director, Workshop in Political Theory and Policy Analysis and Co-Director, Center for the Study of Institutions, Population, and Environmental Change, Indiana University
Book Synopsis Economy-Wide Modeling of Water at Regional and Global Scales by : Glyn Wittwer
Download or read book Economy-Wide Modeling of Water at Regional and Global Scales written by Glyn Wittwer and published by Springer. This book was released on 2019-02-07 with total page 223 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Routledge Handbook of Water Economics and Institutions by : Kimberly Burnett
Download or read book Routledge Handbook of Water Economics and Institutions written by Kimberly Burnett and published by Routledge. This book was released on 2014-12-05 with total page 427 pages. Available in PDF, EPUB and Kindle. Book excerpt: Growing scarcity of freshwater worldwide brings to light the need for sound water resource modeling and policy analysis. While a solid foundation has been established for many specific water management problems, combining those methods and principles in a unified framework remains an ongoing challenge. This Handbook aims to expand the scope of efficient water use to include allocation of sources and quantities across uses and time, as well as integrating demand-management with supply-side substitutes. Socially efficient water use does not generally coincide with private decisions in the real world, however. Examples of mechanisms designed to incentivize efficient behavior are drawn from agricultural water use, municipal water regulation, and externalities linked to water resources. Water management is further complicated when information is costly and/or imperfect. Standard optimization frameworks are extended to allow for coordination costs, games and cooperation, and risk allocation. When operating efficiently, water markets are often viewed as a desirable means of allocation because a market price incentivizes users to move resources from low to high value activities. However, early attempts at water trading have run into many obstacles. Case studies from the United States, Australia, Europe, and Canada highlight the successes and remaining challenges of establishing efficient water markets.
Book Synopsis Water Trading and Global Water Scarcity by : Josefina Maestu
Download or read book Water Trading and Global Water Scarcity written by Josefina Maestu and published by Routledge. This book was released on 2013 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water scarcity is an increasing problem in many parts of the world, yet conventional supply-side economics and management are insufficient to deal with it. One of the key water management options for water demand is water trading. This book explores the role of water trading, as an instrument of integrated water resources management.
Book Synopsis Water Policy in Chile by : Guillermo Donoso
Download or read book Water Policy in Chile written by Guillermo Donoso and published by Springer. This book was released on 2018-04-27 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a detailed examination of the main sources of Chile’s water, its principle consumers, the gap between supply and demand, hydrological droughts, and future projected impacts of climate change. It describes, analyzes and evaluates the performance of water policies, laws and institutions, identifies the main challenges that Chile needs to face and derives lessons learnt from Chile’s reform experience. Expert contributors discuss such topics as Chile’s water policy, and the reasoning which explains its policy reform. The book presents and evaluates the performance of the legal and institutional framework of water resources. It also describes efforts to meet actual demands for water by augmenting supplies with groundwater management, waste water re-use and desalination and improve the state of water ecosystems. The last chapter presents the editor’s assessment and conclusions. The case of Chile is illustrative of a transition from command and control to market based management policies, where economic incentives play a significant role in water management.
Book Synopsis Thirsting for Efficiency by : Mary M. Shirley
Download or read book Thirsting for Efficiency written by Mary M. Shirley and published by Elsevier. This book was released on 2002 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: By analyzing water supply reforms in six developing country's capitals, this text provides a legal, economic and political examination of countries, tolerant of mismanagement of their water and sewerage systems for decades, that suddenly develop a thirst for efficiency.
Book Synopsis Determining the Economic Value of Water by : Robert A. Young
Download or read book Determining the Economic Value of Water written by Robert A. Young and published by Routledge. This book was released on 2014-07-23 with total page 409 pages. Available in PDF, EPUB and Kindle. Book excerpt: Water provides benefits as a commodity for agriculture, industry, and households, and as a public good such as fisheries habitat, water quality and recreational use. To aid in cost-benefit analysis under conditions where market determined price signals are usually unavailable, economists have developed a range of alternative valuation methods for measuring economic benefits. This volume provides the most comprehensive exposition to-date of the application of economic valuation methods to proposed water resources investments and policies. It provides a conceptual framework for valuation of both commodity and public good uses of water, addressing non-market valuation techniques appropriate to measuring public benefits - including water quality improvement, recreation, and fish habitat enhancement. The book describes the various measurement methods, illustrates how they are applied in practice, and discusses their strengths, limitations, and appropriate roles. In this second edition, all chapters have been thoroughly updated, and in particular the coverage of water markets and valuation of ecosystem services from water has been expanded. Robert Young, author of the 2005 edition, has been joined for this new edition by John Loomis, who brings additional expertise on ecosystem services and the environmental economics of water for recreational and other public good uses of water.
Book Synopsis Markets for Water by : K. William Easter
Download or read book Markets for Water written by K. William Easter and published by Springer Science & Business Media. This book was released on 2007-08-20 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Markets for Water: Potential and Performance dispels many of the myths surrounding water markets and gives readers a comprehensive picture of the way that markets have developed in different parts of the world. It is possible, for example, for a water market to fail, and for the transaction costs in water markets to be excessive. Too often water trading is banned because the water resources have been developed with public funds and the water agencies do not want to lose control over water. There is also a concern that poor farmers or households will be disadvantaged by water trading. These concerns about public resources and the poor are not very different from those that have been voiced in the past about land sales. The problem is that in many cases the poor already have limited access to resources, but this limit is not due to water trading. In fact, water trading is likely to expand the access to water for many small-scale farmers. Markets for Water: Potential and Performance provides an analytical framework for water market establishment. It develops the necessary conditions for water markets and illustrates how they can improve both water management and economic efficiency. Finally, the book gives readers an up-to-date picture of what we have learned about water markets in a wide range of countries, from the US to Chile and India.
Book Synopsis Smart Markets for Water Resources by : John F. Raffensperger
Download or read book Smart Markets for Water Resources written by John F. Raffensperger and published by Springer. This book was released on 2017-04-20 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why is trade in wholesale water so rare, when markets can actively trade bread, tractors, and electricity? This book shows that water markets fail because of high transaction costs, resulting in inefficient allocations and unpredictable environmental effects. To overcome these obstacles, this book proposes a trading mechanism called a smart market. A smart market is an auction cleared with optimization. A smart market can reduce the transaction costs of water trading, while improving the environmental outcomes. The authors show why a smart market for water is needed, how it would work, and how to implement it. The smart market described here uses a hydrology simulation of the water resource, user bids via the internet, and mathematical optimization, to maximize the economic value of water while meeting all environmental constraints. The book provides the background to understand the smart market for water, and the detail to help the reader start working on its application. The book explores topics such as: Why water should be more expensive near sensitive environmental locations, Ways to set initial allocations of water rights, The role of regulatory oversight, The prerequisites of a water market, and How to counter objections to water markets. The culmination of a decade of investigation, this book combines explanation, examples, and detail to inform policymakers, large water users, environmental organizations, researchers, and a thirsty public.
Book Synopsis Management of Water Resources by : Musa Asad
Download or read book Management of Water Resources written by Musa Asad and published by World Bank Publications. This book was released on 1999-01-01 with total page 110 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Although procedures for pricing "retail" distribution have been established for a long time, methods for pricing bulk or "wholesale" water supplies are still evolving." How to finance the infrastructure and service of bulk water supply, and how to use pricing to achieve efficient allocation and use of water as a resource are the central issues that emerge from discussions about bulk water pricing. Efficiency will lead to allocating water resources better, reducing water losses caused by poor maintenance of the supply systems, and increased monitoring of water quality. At first glance, Brazil may not appear to be a relevant country from which to draw lessons in distributing scarce water resources, since it contains 12 percent of the world's fresh water supply. However, with its vast territory and issues of regional drought and population explosion, Brazil provides a unique environment in which to demonstrate how adequate pricing of bulk water on a regional level can help allocate water efficiently. This paper offers a framework for bulk water pricing reform and examines the lessons from recent analytical work and practice in Brazil, as well as relevant international experience. It then offers recommendations for the development of both water pricing and allocation policies to facilitate continued implementation of bulk water pricing in Brazil.