Economy-Wide Modeling of Water at Regional and Global Scales

Economy-Wide Modeling of Water at Regional and Global Scales

Author: Glyn Wittwer

Publisher: Springer

Published: 2019-02-07

Total Pages: 223

ISBN-13: 9811361010

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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.


Economy-wide Modeling of Water at Regional and Global Scales

Economy-wide Modeling of Water at Regional and Global Scales

Author: Glyn Wittwer

Publisher:

Published: 2019

Total Pages:

ISBN-13: 9789811361029

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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.


Notes and Problems in Applied General Equilibrium Economics

Notes and Problems in Applied General Equilibrium Economics

Author: K.R. Pearson

Publisher: Elsevier

Published: 2014-06-28

Total Pages: 409

ISBN-13: 008093403X

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"General-equilibrium" refers to an analytical approach which looks at the economy as a complete system of inter-dependent components (industries, households, investors, governments, importers and exporters). "Applied" means that the primary interest is in systems that can be used to provide quantitative analysis of economic policy problems in particular countries. Reflecting the authors' belief in the models as vehicles for practical policy analysis, a considerable amount of material on data and solution techniques as well as on theoretical structures has been included. The sequence of chapters follows what is seen as the historical development of the subject. The book is directed at graduate students and professional economists who may have an interest in constructing or applying general equilibrium models. The exercises and readings in the book provide a comprehensive introduction to applied general equilibrium modeling. To enable the reader to acquire hands-on experience with computer implementations of the models which are described in the book, a companion set of diskettes is available.


Impact of Renewable Energy on Corporate Finance and Economics

Impact of Renewable Energy on Corporate Finance and Economics

Author: Ahmadi, Ali

Publisher: IGI Global

Published: 2024-05-28

Total Pages: 306

ISBN-13:

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The world faces escalating challenges in sustainable development, corporate social responsibility, and green finance, compounded by the complexities of accounting and modern economics. These challenges demand urgent solutions that recognize their gravity and offer tangible, actionable strategies. Traditional approaches need to be revised in the face of these multifaceted issues, requiring a fresh perspective and innovative solutions to navigate the complexities of today's global economies. Impact of Renewable Energy on Corporate Finance and Economics provides a comprehensive and timely solution to these pressing challenges. Through a meticulous examination of real-world case studies and proven strategies, this book offers a roadmap for stakeholders to address these issues effectively. It explores sustainable finance mechanisms, collaborative stakeholder efforts, and visionary project objectives that have successfully overcome these obstacles. By delving into topics such as the renewable revolution, sustainable infrastructure transformations, and climate finance, the book equips readers with the knowledge and tools to confidently navigate the sustainable development landscape.


Connecting the Sustainable Development Goals: The WEF Nexus

Connecting the Sustainable Development Goals: The WEF Nexus

Author: Laura Cavalli

Publisher: Springer Nature

Published: 2022-06-20

Total Pages: 111

ISBN-13: 3031013360

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This contributed volume offers a state-of-the-art, holistic overview of the employment of a Water-Energy-Food (WEF) Nexus approach to implement the seventeen United Nations Sustainable Development Goals (SDGs), with a geographical focus on applications in different African regions. The book is divided into three sections, each composed of several chapters contributed by experts in their respective fields. Section I introduces the WEF Nexus and its role in the achievement of the 2030 Agenda and the SDGs. It highlights the attempt to connect different spheres of sustainability thanks to the Nexus, taking advantage of the existing interlinkages and interconnections among the Goals. Section II proposes a multi-scale and multi-stakeholder approach to various aspects of the Nexus and reviews existing quantitative tools. This section focuses on the issue of resource control and development aims and spotlights how Nexus dynamics influence the achievement of the SDGs as a whole. Section III applies the WEF Nexus to different African regions, which are balancing a rising population and an economic boom with severe vulnerability in the face of climate change. Chapter “Review of the Economic Impact of Water Availability on Food Security and the Related Ecosystems” is available open access under a Creative Commons Attribution 4.0 International License via link.springer.com.


International Handbook on the Economics of Energy

International Handbook on the Economics of Energy

Author: Lester C. Hunt

Publisher: Edward Elgar Publishing

Published: 2011-01-01

Total Pages: 849

ISBN-13: 1849801991

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As an essential component for economic growth, energy has a significant impact on the global economy. The need to meet growing energy demand has prompted cutting-edge innovation in clean technology in an attempt to realise environmental and cost objectives, whilst ensuring the security of energy supply. This Handbook offers a comprehensive review of the economics of energy, including contributions from a distinguished array of international specialists. It provides a thorough discussion of the major research issues in this topical field of economics. Themes addressed include the theory of energy supply, demand and policy, empirical modelling of energy demand, holistic energy models, an analysis of coal, gas, electricity, oil and the markets within which they operate, and a discussion of the current key energy policy issues. The topics of pricing, transmission, regulation, security, energy efficiency, new technologies and climate change are also discussed. The International Handbook on the Economics of Energy presents a comprehensive overview of the state-of-the-art research making it an indispensable reference for researchers, advanced students, practitioners and policy-makers alike.


Understanding Risks and Uncertainties in Energy and Climate Policy

Understanding Risks and Uncertainties in Energy and Climate Policy

Author: Haris Doukas

Publisher: Springer

Published: 2018-12-10

Total Pages: 271

ISBN-13: 3030031527

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This open access book analyzes and seeks to consolidate the use of robust quantitative tools and qualitative methods for the design and assessment of energy and climate policies. In particular, it examines energy and climate policy performance and associated risks, as well as public acceptance and portfolio analysis in climate policy, and presents methods for evaluating the costs and benefits of flexible policy implementation as well as new framings for business and market actors. In turn, it discusses the development of alternative policy pathways and the identification of optimal switching points, drawing on concrete examples to do so. Lastly, it discusses climate change mitigation policies’ implications for the agricultural, food, building, transportation, service and manufacturing sectors.


Policy Analysis And Modeling Of The Global Economy: A Festschrift Celebrating Thomas Hertel

Policy Analysis And Modeling Of The Global Economy: A Festschrift Celebrating Thomas Hertel

Author: Peter Dixon

Publisher: World Scientific

Published: 2020-12-14

Total Pages: 595

ISBN-13: 9811233640

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This volume honors the extraordinary career of Thomas Hertel. It also celebrates the 25th anniversary of the founding of the Global Trade Analysis Project (GTAP) by Prof. Hertel. All of those contributing to this volume, including Prof. Hertel's students and colleagues, have benefitted in some ways from the selfless professional generosity and dedication to scientific public goods that have been hallmarks of his career.The book examines the history of the GTAP project, the scientific contributions of Prof. Hertel, and the general application of computational modeling to global economic policy analysis. The applications in the volume, reflecting the broad contributions made by the GTAP community to global policy analysis, range from the impact of globalization on employment to the sustainability impacts of economic integration.


The United Nations World Water Development Report

The United Nations World Water Development Report

Author: UNESCO World Water Assessment Programme

Publisher: UNESCO Publishing

Published: 2021-03-22

Total Pages: 205

ISBN-13: 9231004344

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Water is a finite and non-substitutable resource. As the foundation of life, societies and economies, it carries multiple values and benefits. But unlike most other natural resources, it has proven extremely difficult to determine its true 'value'. The 2021 edition of the United Nations World Water Development Report, titled "Valuing Water" assesses the current status of and challenges to the valuation of water across different sectors and perspectives and identifies ways in which valuation can be promoted as a tool to help improve its management and achieve global sustainable development.