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| economics of water resources: Economics of Water Resources: From Regulation to Privatization Nicolas Spulber, Asghar Sabbaghi, 2012-12-06 The appearance of this Second Edition has been encouraged by the favorable reception of the first. This has offered us the opportunity to update the materials and to expand the exposition ofour central theses concerning (1) the integration of water quantity-quality issues and the treatment of water as a multi-product commodity, with the market playing a major role in determining water quality-discriminant pricing; (2) the drawbacks of public controls, regulation and enforcement, and the need to expand privatization of water supply and of water and wastewater treatment facilities to ensure their appropriate development and modernization through increased reliance on private capital; (3) the unification and centralization of water management on the river basin level in order to handle effectively the expanding pressures for water availability, for the elimination of waterborne disease, for extensive and effective pollution abatement as well as coping with the related issues of soil erosion, siltation in streams, channels, and reservoirs, protection against distress from drought and floods, and with the myriad problems relating to the environment, recreation, and navigation. We have maintained the division ofthe book into four major parts and 12 chapters. |
| economics of water resources: Introduction To The Economics Of Water Resources Stephen Merrett, 2004-08-02 A concise treatment of water-resource economics. Based upon political economy perspectives, it draws upon a range of case-studies - Third- World, developed world, and former communist countries - to cover many issues. There is guidance on |
| economics of water resources: The Economics of Water Resources Ariel Dinar, Yacov Tsur, 2021-04-15 Population growth and rising living standards, on the one hand, and changing climate, on the other hand, have exacerbated water scarcity worldwide. To address this problem, policymakers need to take a wide view of the water economy – a complex structure involving environmental, social, economic, legal, and institutional aspects. A coherent water policy must look at the water economy as a whole and apply a comprehensive approach to policy interventions. Written by two of the world's leading scholars on economics of water, this is the first graduate-level textbook on the topic. The book discusses water resource management within a comprehensive framework that integrates the different, yet highly entwined, elements of a water economy. It follows the steps needed to develop a well-designed set of policies based on detailed analyses of intervention measures, using multi-sectoral and economy-wide examples from a variety of locations and situations around the world. |
| economics of water resources: The Economics of Water Resources Ariel Dinar, Yacov Tsur, 2021-04-15 This book demonstrates the effectiveness of comprehensive water policies, using examples from around the world. |
| economics of water resources: The Economics of Water Georg Meran, Markus Siehlow, Christian von Hirschhausen, 2020-09-04 This open access textbook provides a concise introduction to economic approaches and mathematical methods for the study of water allocation and distribution problems. Written in an accessible and straightforward style, it discusses and analyzes central issues in integrated water resource management, water tariffs, water markets, and transboundary water management. By illustrating the interplay between the hydrological cycle and the rules and institutions that govern today’s water allocation policies, the authors develop a modern perspective on water management. Moreover, the book presents an in-depth assessment of the political and ethical dimensions of water management and its institutional embeddedness, by discussing distribution issues and issues of the enforceability of human rights in managing water resources. Given its scope, the book will appeal to advanced undergraduate and graduate students of economics and engineering, as well as practitioners in the water sector, seeking a deeper understanding of economic approaches to the study of water management. |
| economics of water resources: Water Resource Economics and Policy W. D. Shaw, 2021-02-26 This second edition includes updated information and an exploration of water issues outside the United States, as well as a new application of behaviorial and experimental economics to the topic. A concise introduction to issues of water quality and quantity in both urban and agricultural settings, Water Resource Economics and Policy will be a valuable resource or text for students and researchers in the fields of agricultural economics, geography, law and hydrology. Those involved in water resource agencies and private utilities will also find the book a useful reference. |
| economics of water resources: Water Resource Economics Ronald C. Griffin, 2006 A comprehensive introduction to the economics of water management, for engineers and natural scientists as well as economists, with self-contained treatment of all necessary economic concepts. |
| economics of water resources: Economics of Water Resources Planning Leonard Douglas James, Robert Rue Lee, 1970 |
| economics of water resources: Economics of Water Resources Nicolas Spulber, Asghar Sabbaghi, 2014-01-15 This book develops a general economic model which integrates the quantity and quality issues of water resource management and provides, along with a detailed criticism of the policy instruments now in use, alternative proposals concerning the efficient allocation and distribution of water. In particular the authors treat water as a multi-product commodity where the market plays a major role in determining water quality--discriminant pricing and its value to the user. The book examines the process of moving from administrative allocation and regulation to privatization of the water industry as the key element in promoting effective competition and in providing economic incentives for greater efficiency. The book is divided into four major parts. The first presents the analytical framework within which the main issues in the management of water resources are examined. The second part focuses on water-quality modeling and the analysis of quantity--quality controls and water distribution. Part three examines instruments of public policy and the regulations enacted for water resources management. The fourth part presents the overall conclusions. The book is designed for all students of environmental problems, as well as for professionals involved in water-resources allocation and in pollution-abatement programs at both planning and management levels. The book can be used in graduate courses in water resource management, environment management, economics of natural resources, and planning, as well as a basic reference work on water resources and on the management of natural resources in general. |
| economics of water resources: Frontiers in Water Resource Economics Renan-Ulrich Goetz, Dolors Berga, 2006-03-09 Most of the books published previously in the field of water resource eco nomics focus on particular aspects of water economics such as institutions, pricing or water markets, but none of them have given particular attention to methodological questions. However, the applied methodology within economic research has made some remarkable advances over the last 10-20 years. Some of these advances are of particular interest to the field of water economics. Therefore, we think that a book that focusing on methodological advances within the field of water resource economics and showing how these advances can be applied in economic analysis of water issues makes a nice complement to the existing literature in this field. We identified five areas where we consider the methodological advances to be of particular importance: 1) asymmetric information and game theory, 2) un certainty, 3) space, 4) water quality and 5) production and technology adoption. The selected papers for the book fall entirely within these categories. The book ''Frontiers in Water Resource Economics draws to a great extent on papers which were presented at the 7^^ Conference of the International Water and Re source Economics Consortium, June 3-5,2001 held in Girona, Catalonia, Spain, This conference was jointly organized with the 4^^ Conference of Environmen tal and Resource Economics by the Department of Economics, University of Girona. |
| economics of water resources: Economics of Water Resources Mary E. Renwick, 2018-01-18 Water is becoming an increasingly scarce commodity in many parts of the world. Population growth plus a growing appetite for larger quantities of cheap water quality as a result of urban, industrial, and agricultural pollution coupled with increasing environmental demands have further reduced usable suppliers. This book brings together thirty of the best economic articles addressing water scarcity issues within the US and Mexico. By touching on a number of different issues, this volume clearly articulates the need for improving existing institutional arrangements as well as for developing new arrangements to address growing water scarcity problems. |
| economics of water resources: Current Issues in the Economics of Water Resource Management P. Pashardes, T.M. Swanson, A. Xepapadeas, 2013-04-17 The marginal price elasticities estimated by Martinez-Espineira conforms to expectation. The price specification that accounts for the changing proportion of water users in each block yields a higher elasticity (-0. 47) compared to the spec ification ignoring this feature of the data. However, this difference is not found to be statistically significant, a result attributed to the low power of the test (small sample size limiting the accuracy of estimates). In conclusion, the paper provides a theoretically correct price specification for demand functions under block pricing and aggregate data. The empirical findings in the paper, however, are not conclusive and further empirical work using more data and alternative (nonlinear) demand functions, is needed to show the practical implications of the arguments put forward by the Martinez-Espineira's paper. Static empirical consumer demand functions estimated with aggregate data are well known to suffer form serial correlation and other statistical problems asso ciated with misspecified dynamics. These dynamics arise because consumers do not react immediately to a change in prices due to their largely predetermined lifestyle. In the case of demand for water, for example, current purchases can be largely predetermined due to commitments arising from past purchases such as swimming pools, bathtubs, dishwashing machines, etc. Muellbauer and Pashardes (1992) show that the autoregressive nature of consumer demand data can be cap tured in a theoretically consistent manner by incorporating intertemporal aspects of consumer behaviour in the model through habit formation and durability. |
| economics of water resources: Economics of Coastal and Water Resources: Valuing Environmental Functions R.K. Turner, I. J. Bateman, W.N. Adger, 2013-04-18 Most of the chapters in this volume are authored by staff or associates of the Centre for Social and Economic Research on the Global Environment (CSERGE). CSERGE is a research centre sponsored by the UK Economic and Social Research Council (ESRC), which specialises in interdisciplinary work focussed on environmental management issues. Weare grateful for the long term support that we have received from the ESRC. We would also like to acknowledge the efforts of Ann Dixon and SHin Pearce in the preparation of this volume. vii INTRODUCTION CHAPTER 1. ECOLOGICAL ECONOMICS AND COASTAL ZONE ECOSYSTEMS' VALUES: AN OVERVIEW. Turner, R. K. , Bateman, I. J. and Adger, W. N. 1. 1 Coastal zone pressure and sustainable management challenges Given the continued intensification of the process of globalisation - involving population growth, population density changes via urbanisation, industrial development, increased trade and capital flows, liberalisation of transnational corporation activity and lifestyle and attitudinal changes - coastal zones and their hydrologically linked catchment areas have come under heavy environmental pressure. The scale and extent of socio-economic activities have profound implications for the now coevolving natural and human systems and their complex interrelationships (Turner, Perrings and Folke, 1997). The consequences of this process of change manifest themselves across a range of spatial and temporal scales. Indeed the juxtaposition of different spatial, functional and temporal scales that is inherent in the catchment-coastal ecosystems-seas/oceans continuum poses particularly difficult challenges for both science and resource management/governance. |
| economics of water resources: The Economics of Water Demands Steven Renzetti, 2012-12-06 This book arose out of a paper that I wrote for the World Bank at the request of Ariel Dinar, the editor for the series in which this volume appears. I began that paper by pointing to the growing importance of demand-side considerations in water resources: The provision of potable water is one of government's oldest functions with evidence of this activity stretching back thousands of years. During much of that time, water demands were taken as exogenously given and the principle task of authorities was defined as an engineering one: how to supply a given quantity of water at least cost. In recent years, however, concerns have arisen from observations of excessive water use, degraded water quality and continued inadequate service for many, especially the very poor. As a result of these and other concerns, there is a growing effort to view water resource allocation from a perspective that incorporates consumers' preferences along with supply constraints into management plans. (Renzetti, 2000, p. 123). The purpose of this volume is to examine, in greater detail than was possible in that article, what is known regarding the economic characteristics of the demand for water. Thus, this book is meant to be an extended critical review of the state of the art. |
| economics of water resources: Economical, Political, and Social Issues in Water Resources Omid Bozorg-Haddad, 2021-07-14 Economical, Political, and Social Issues in Water Resources provides a fully comprehensive and interdisciplinary overview of all three factors in their relation to water resources. Economic issues consist of Water accounting, Water economy, Water pricing, Water market, Water bank and bourse. Political issues consist of Water power and hydrogemistry, Water diplomacy and hydropolitics, Water rights and water laws, Water governance and policy, Shared water resources management, Water management systems, and social issues consist of Water and culture, civilization and history, Water quality, hygiene, and health, Water and society. This book familiarizes researchers with all aspects of the field, which can lead to optimized and multidimensional water resources management. Some of abovementioned issues are new, so the other aim of this book is to identify them in order to researchers can easily find them and use them in their studies. - Includes diverse case studies from around the world - Presents contributions from global and diverse contributors with interdisciplinary backgrounds, including water engineers, scientists, planners the economic, political and social issues surrounding water - Contains in-depth definitions and concepts of each topic |
| economics of water resources: Economics of Water Management in Agriculture Thomas Bournaris, Julio Berbel, Basil Manos, Davide Viaggi, 2014-08-26 This book includes a set of papers from distinguished scholars who critically examine economic issues relating to the relationship between water and agriculture, with a special focus on irrigation. Employing state of the art methodologies, they address the most relevant issues in water policy. The volume offers a wide spectrum of innovative approaches and original and relevant cases with a focus on irrigated European agriculture. The topics analyzed include qualitative and quantitative issues, water markets, demand analysis, economic analysis, implementation of economic issues. |
| economics of water resources: Economics of Water Resources , 2009 |
| economics of water resources: Economics of Water Resources The Contributions of Dan Yaron Ariel Dinar, David Zilberman, 2002-04-30 Colleagues and friends of Dan Yaron submitted the following tributes. While each submission comes from an individual who knew Dan in a very different way, they all remark on his immeasurable contributions to the field of agricultural eco nomics, his unique approach, which combines his training and experience with his scientific background, and the admirable professionalism and civility that was apparent in every project he undertook. His work, initially inspired by the chal lenge of farmers in the arid Negev, eventually took him to the United States to work with universities and to serve on commissions furnishing his research with global applicability. Dan is not only admired for his enormous contributions to the vast body of research available in his field, but also for the commitment and dedi cation he epitomized. He will be greatly missed by those of us who were fortunate enough to make his acquaintance. ELIFEINERMAN The Hebrew University of Jerusalem, Rehovot, Israel Dan Yaron, my teacher and mentor of blessed memory, was a man of wisdom, thought, counsel and deeds. His many talents, his endless energy and his ambition led him to blaze new trails in research, to ask the relevant questions while separat ing the wheat from the chaff, and to answer them while mastering the most ad vanced scientific analyses. |
| economics of water resources: Water Resources Joseph Holden, 2013-10-01 The world faces huge challenges for water as population continues to grow, as emerging economies develop and as climate change alters the global and local water cycle. There are major questions to be answered about how we supply water in a sustainable and safe manner to fulfil our needs, while at the same time protecting vulnerable ecosystems from disaster. Water Resources: An Integrated Approach provides students with a comprehensive overview of both natural and socio-economic processes associated with water. The book contains chapters written by 20 specialist contributors, providing expert depth of coverage to topics. The text guides the reader through the topic of water starting with its unique properties and moving through environmental processes and human impacts upon them including the changing water cycle, water movement in river basins, water quality, groundwater and aquatic ecosystems. The book then covers management strategies for water resources, water treatment and re-use, and the role of water in human health before covering water economics and water conflict. The text concludes with a chapter that examines new concepts such as virtual water that help us understand current and future water resource use and availability across interconnected local and global scales. This book provides a novel interdisciplinary approach to water in a changing world, from an environmental change perspective and inter-related social, political and economic dimensions. It includes global examples from both the developing and developed world. Each chapter is supplemented with boxed case studies, end of chapter questions, and further reading, as well as a glossary of terms. The text is richly illustrated throughout with over 150 full colour diagrams and photos. |
| economics of water resources: The Price of Water Stephen Merrett, 2005-02-01 Bringing together 14 papers previously published in refereed journals, The Price of Water provides information that many readers would not otherwise have access to through their professional and academic libraries. The basic disciplines of the articles are economics and philosophy, built upon by discussion of hydrology, civil engineering, water law and water resource planning. The scope of the book is broad, dealing with a diverse range of subjects such as regional and catchment planning and integrated water resources management. Topics considered include: both water quantities and qualities, drought management, the ‘virtual water’ controversy, farmers’ water-rights, the economic demand for water, the design of abstraction charges, the cost and use of irrigation water, the design of effluent charges, the ‘willingness-to-pay’ methodology. The Price of Water aims to link up economics with the other dominant water resource disciplines, establishing an economics of the real world, rather than an academic abstraction - the hydrosocial balance. In providing a new and practicable basis for planning outsream water investments, as well as understanding the baseline situation, the development and use of the hydrosocial balance to modelling water resources supply and use at the regional (or river basin) scale delivers this link. |
| economics of water resources: Water Resources Development Edward Kuiper, 2013-12-14 |
| economics of water resources: Determining the Economic Value of Water Robert A. Young, John B. Loomis, 2014-07-23 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. |
| economics of water resources: Water Resource Economics M.G. Chandrakanth, 2015-10-07 This book uses resource economics costing approaches incorporating externalities to estimate the returns for the country’s irrigation and demonstrates how underestimating the cost of water leads farmers to overestimate profits. The importance of the subject can be judged in light of the fact that India is the largest user of groundwater both for irrigation and for drinking purposes, pumping twice as much as the United States and six times as much as Europe. Despite water’s vital role in ensuring economic security for the nation and farmers alike by supporting more than 70% of food production, water resource economists are yet to impress upon farmers and policymakers the true value of water and the urgent need for its sustainable extraction, recharge and use. In an endeavor to promote more awareness, the book further delineates the roles of the demand side and supply side in the economics of irrigation, and explains how the cost of water varies with the efforts to recharge it, crop patterns, degrees of initial and premature well failure and degrees of externalities. It also discusses the importance of micro-irrigation in the economics of saving water for irrigation, estimating the marginal productivity of water and how it improves with drip irrigation, the economics of water sharing and water markets, optimal control theory in sustainable extraction of water, payment of ecosystem services for water and how India can effectively recover. In closing, the book highlights the role of socioeconomic and hydrogeological factors in the economics of irrigation, which vary considerably across hard rock areas and the resulting limitations on generalizing. |
| economics of water resources: Economics of Water Resources Mary E Renwick, 2018-08-09 Water is becoming an increasingly scarce commodity in many parts of the world. Population growth plus a growing appetite for larger quantities of cheap water quality as a result of urban, industrial, and agricultural pollution coupled with increasing environmental demands have further reduced usable suppliers. This book brings together thirty of the best economic articles addressing water scarcity issues within the US and Mexico. By touching on a number of different issues, this volume clearly articulates the need for improving existing institutional arrangements as well as for developing new arrangements to address growing water scarcity problems. |
| economics of water resources: The Economics of Water Management in Southern Africa Glenn-Marie Lange, Rashid M. Hassan, Jaap Arntzen, Jackie Crawford, Eric Mungatana, 2007-01-01 This book presents a valuable new tool for water management water resource accounting which significantly advances the economic analysis of water. Water resource accounts integrate detailed information about water supply and use with national income accounts to show the economic use of water, costs and tariffs paid, and the economic value of water for different economic uses. Based on the UN s handbook for environmental accounting, this book describes the implementation and policy application of water accounts in three African countries Botswana, Namibia and South Africa and discusses how they have been used by water managers. The book compares water use across the three countries, explaining the differences in water resources and water policy. In addition to the comprehensive outline of physical and monetary water accounts for each country, the authors provide an extensive discussion of water valuation as well as addressing a number of issues of regional importance, including water accounting for an international river basin and the impact of trade on each country s water use. By demonstrating the usefulness of water resource accounts, this book makes a major contribution to the literature on water economics and management, sustainable development, and to the development of environmental accounting in general. The Economics of Water Management in Southern Africa will appeal to a wide readership including: environmental and development economists NGOs concerned with sustainable development environmental advocacy groups professionals (economists and environmentalists) working in Africa on water and sustainable development issues water professionals national accounts experts and statisticians. |
| economics of water resources: The Economic Value of Water Diana C. Gibbons, 2013-10-18 Gibbons examines the water supply problem through five case studies. The problems faced by these regions and the methods suggested to overcome them provide excellent models for the entire United States. The case studies---typically, expanding supplies---but economic efficiency principles lead to emphasizing managing the demand. In many cases, this means reducing demand by raising prices. |
| economics of water resources: Water Resources Shimon C. Anisfeld, 2011-01-03 In this concise introduction to water resources, Shimon Anisfeld explores the fundamental interactions between humans and water, including drinking, sanitation, irrigation, and power production. The book familiarizes students with the current water crisis and with approaches for managing this essential resource more effectively in a time of rapid environmental and social change. Anisfeld addresses both human and ecological problems, including scarcity, pollution, disease, flooding, conflicts over water, and degradation of aquatic ecosystems. In addition to providing the background necessary to understand each of these problems, the book discusses ways to move towards better management and addresses the key current debates in the water policy field. In the past, water development has often proceeded in a single-sector fashion, with each group of users implementing its own plans without coordination with other groups, resulting in both conflict and inefficiency. Now, Anisfeld writes, the challenge of water management is figuring out how to balance all the different demands for water, from sanitation to energy generation to ecosystem protection. For inquiring students of any level, Water Resources provides a comprehensive one-volume guide to a complex but vital field of study. |
| economics of water resources: Routledge Handbook of Water Economics and Institutions Kimberly Burnett, Richard Howitt, James A. Roumasset, Christopher A. Wada, 2014-12-05 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. |
| economics of water resources: Smart Markets for Water Resources John F. Raffensperger, Mark W. Milke, 2017-04-20 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. |
| economics of water resources: The Institutional Economics of Water R. Maria Saleth, Ariel Dinar, 2004-01-01 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. |
| economics of water resources: Water Conflict Sharif Elmusa, 1997 A study of the conflict over the natural water resources of geographic Palestine. The author focuses on both the scarcity and commonality of the water resources in order to demonstrate why water has become one of the most contentious issues between Israel and the Palestinians. He discusses how the principles of equitable utilization and joint management of common water resources can be achieved and can enhance the prospects for reducing conflict over water, and may ultimately contribute to overall Israeli-Palestinian cooperation. Includes several maps and charts which detail the area's water resources. Annotation copyrighted by Book News, Inc., Portland, OR. |
| economics of water resources: Valuing Ground Water National Research Council, Division on Earth and Life Studies, Commission on Geosciences, Environment and Resources, Committee on Valuing Ground Water, 1997-07-10 Because water in the United State has not been traded in markets, there is no meaningful estimate of what it would cost if it were traded. But failing to establish ground water's valueâ€for in situ uses such as sustaining wetlands as well as for extractive uses such as agricultureâ€will lead to continued overuse and degradation of the nation's aquifers. In Valuing Ground Water an interdisciplinary committee integrates the latest economic, legal, and physical knowledge about ground water and methods for valuing this resource, making it comprehensible to decision-makers involved in Superfund cleanup efforts, local wellhead protection programs, water allocation, and other water-related management issues. Using the concept of total economic value, this volume provides a framework for calculating the economic value of ground water and evaluating tradeoffs between competing uses of it. Included are seven case studies where ground-water valuation has been or could be used in decisionmaking. The committee examines trends in ground-water management, factors that contribute to its value, and issues surrounding ground-water allocation and legal rights to its use. The book discusses economic valuation of natural resources and reviews several valuation methods. Presenting conclusions, recommendations, and research priorities, Valuing Ground Water will be of interest to those concerned about ground-water issues: policymakers, regulators, economists, attorneys, researchers, resource managers, and environmental advocates. |
| economics of water resources: Water Transfer Western Agricultural Economics Research Council. Committee on the Economics of Water Resources Development, 1965* |
| economics of water resources: The Economics of Water Management in Developing Countries Phoebe Koundouri, 2003-07-29 The increasing scarcity of water resources (in terms of quantity and quality) is one of the most pervasive natural resource allocation issues facing development planners throughout the world. This problem is especially prevalent in less developed countrie |
| economics of water resources: Conflict and Cooperation on Trans-Boundary Water Resources Richard E. Just, Sinaia Netanyahu, 1998-01-31 This book demonstrates what the discipline of economics has to offer as support for analyzing cooperation on management of trans-boundary water resources. It also considers what the discipline of economics has to acquire to become a more effective contributor to trans-boundary water resource management given political, legal, social, physical, scientific, and ecological realities. This book has its genesis in a symposium of the International Water and Resource Economics Consortium held at Annapolis, Maryland, April 13-16, 1997. The symposium was organized by the editors and the book contains papers presented at the symposium with subsequent revisions. The symposium brought together both economists and agency management personnel for the purpose of discussing not only how economic tools apply to trans-boundary water management, but also of identifying the obstacles to making such tools useful and informative to politicians and negotiators in public decision making roles. INTERNATIONAL VERSUS DOMESTIC TRANS-BOUNDARY PROBLEMS Trans-boundary water problems arise in many dimensions. The two most important types of problems emphasized in this book are international and domestic interstate or interregional problems. Cooperation on international problems is especially difficult because enforcement must be voluntary given the sovereignty of nations and the absence of an effective legal enforcement mechanism. Agreements must be sustainable and self-enforced if they are to have lasting benefits. Every negotiating country must be convinced it will receive benefits before it gives its consent to cooperation. In the absence of enforceable agreements, trans-boundary (i. e. |
| economics of water resources: Economics and Public Policy in Water Resource Development Stephen C. Smith, Emery N. Castle, 1964 |
| economics of water resources: Water Resource Systems Planning and Management Daniel P. Loucks, Eelco van Beek, 2017-03-02 This book is open access under a CC BY-NC 4.0 license. This revised, updated textbook presents a systems approach to the planning, management, and operation of water resources infrastructure in the environment. Previously published in 2005 by UNESCO and Deltares (Delft Hydraulics at the time), this new edition, written again with contributions from Jery R. Stedinger, Jozef P. M. Dijkman, and Monique T. Villars, is aimed equally at students and professionals. It introduces readers to the concept of viewing issues involving water resources as a system of multiple interacting components and scales. It offers guidelines for initiating and carrying out water resource system planning and management projects. It introduces alternative optimization, simulation, and statistical methods useful for project identification, design, siting, operation and evaluation and for studying post-planning issues. The authors cover both basin-wide and urban water issues and present ways of identifying and evaluating alternatives for addressing multiple-purpose and multi-objective water quantity and quality management challenges. Reinforced with cases studies, exercises, and media supplements throughout, the text is ideal for upper-level undergraduate and graduate courses in water resource planning and management as well as for practicing planners and engineers in the field. |
| economics of water resources: Handbook of Water Economics Colin Green, 2003-07-25 The Handbook of Water Economics is presented in three sections: theory, methods and applications, providing the latest information in the growing area of water economics and the environment, covering the theory and issues relating to resource management techniques, policy formulation, implementation and evaluation in the water sector. * Includes strong theory section which links to real world examples in the applications section * Provides an associated website which will include: formats for EXCEL spreadsheet application covered in the text; bibliography and links to related sites * Methods section includes coverage of methods of economic evaluation, use of economic instruments and cost-benefit analysis * Applications section includes case studies on: water availability; sewerage and waste water treatment; navigation; hydro-electric and multipurpose reservoirs; flooding; hydrometric data and coastal zone management Essential reading for those studying environmental economics modules in Departments of Environmental Management, Geography and Engineering, researchers in hydrology as well as professionals and policy makers in water companies, water authorities, NGO's and government agencies. |
| economics of water resources: Water as an Economic Good C. J. Perry, David Seckler, Michael T. Rock, David William Seckler, 1997 Values and facts; The economic analysis of different values; Facts: public failure and maket failure; Water resource management and market failure; Summing; Conclusion: toward improved water resources management. |
| economics of water resources: Water Resources in the Mediterranean Region Mehrez Zribi, Luca Brocca, Yves Tramblay, Francois Molle, 2020-05-31 Water Resources in the Mediterranean Region summarizes and collates scientific developments around water resources in the Mediterranean socio-economic environment through a multidisciplinary framework synthesizing hydrology, hydrogeology, climate, bioclimatology, economics, and geography. As such, it provides essential information for any reader looking to learn more about the Mediterranean which is experiencing the impact of climate change and concurrent complex issues of anthropogenic effects, especially in agriculture and other resource uses.Water Resources in the Mediterranean Region covers different challenges in the issue of the evolution of water resources in the Mediterranean. It is intended for PhD students, research scientists, and managers interested in new solutions and approaches for water management and in the forecast of future water dynamics. |
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What is Economics? Definition of Economics, Economics …
Economics Economics is the study of scarcity and how it affects the use of resources, the production of goods and services, the growth of production and well-being over time, and …
What is Economics? - Northwestern University
Economics is the study of how we make choices in the face of scarcity and how those choices motivate behavior. THE FIELD OF ECONOMICS. As individuals, families, and nations, we …
What Is Economics? - Econlib
Economics is the study of given ends and scarce means. Lionel Robbins, biography, from the Concise Encyclopedia of Economics: Robbins’ most famous book was An Essay on the Nature …
What is Economics - Definition, Methods, Types - Research Method
Mar 26, 2024 · Economics. Economics is a social science that analyzes how people make decisions to satisfy their wants and needs, given limited resources. It explores the processes …
What is Economics - Definitions, Criticisms. Modern Economic …
Instead, economics was merely used to analyze the action of individuals, using stylized mathematical models. Modern Definition of Economics The modern definition, attributed to the …
Economics - Wikipedia
Economics (/ ˌ ɛ k ə ˈ n ɒ m ɪ k s, ˌ iː k ə-/) [1] [2] is a behavioral science that studies the production, distribution, and consumption of goods and services. [3] [4]Economics focuses on …
Economics Defined With Types, Indicators, and Systems
Jun 28, 2024 · Economics is a branch of the social sciences focused on the production, distribution, and consumption of goods and services. Microeconomics is a type of economics …
Economics | Definition, History, Examples, Types, & Facts
May 12, 2025 · economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth. In the 19th century economics was the hobby of …
The A to Z of economics | The Economist
In economics, a transfer is a payment of money without any goods or services being exchanged in return. Governments make transfers in the form of welfare benefits but individuals make …
What is Economics? - American Economic Association
Economics is a broad discipline that helps us understand historical trends, interpret today’s headlines, and make predictions about the coming years. Economics ranges from the very …
What is Economics? Definition of Economics, Economics …
Economics Economics is the study of scarcity and how it affects the use of resources, the production of goods and services, the growth of production and well-being over time, and …
What is Economics? - Northwestern University
Economics is the study of how we make choices in the face of scarcity and how those choices motivate behavior. THE FIELD OF ECONOMICS. As individuals, families, and nations, we …
What Is Economics? - Econlib
Economics is the study of given ends and scarce means. Lionel Robbins, biography, from the Concise Encyclopedia of Economics: Robbins’ most famous book was An Essay on the …
What is Economics - Definition, Methods, Types - Research Method
Mar 26, 2024 · Economics. Economics is a social science that analyzes how people make decisions to satisfy their wants and needs, given limited resources. It explores the processes …
What is Economics - Definitions, Criticisms. Modern Economic …
Instead, economics was merely used to analyze the action of individuals, using stylized mathematical models. Modern Definition of Economics The modern definition, attributed to the …
