| Economic Modeling of Water: The Australian Cge Experience 2012 Edition Contributor(s): Wittwer, Glyn (Editor) |
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ISBN: 9400728751 ISBN-13: 9789400728752 Publisher: Springer OUR PRICE: $104.49 Product Type: Hardcover - Other Formats Published: March 2012 |
| Additional Information |
| BISAC Categories: - Business & Economics | Econometrics - Business & Economics | Industries - Agribusiness - Business & Economics | Urban & Regional |
| Dewey: 363.61 |
| Series: Global Issues in Water Policy |
| Physical Information: 0.6" H x 6.2" W x 9.2" (0.95 lbs) 188 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: 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. |
