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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…mehr

Produktbeschreibung
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.
  • Produktdetails
  • Global Issues in Water Policy Vol.3
  • Verlag: Springer Netherlands
  • Artikelnr. des Verlages: 86008133
  • Erscheinungstermin: 14. März 2012
  • Englisch
  • Abmessung: 244mm x 163mm x 15mm
  • Gewicht: 413g
  • ISBN-13: 9789400728752
  • ISBN-10: 9400728751
  • Artikelnr.: 34375786
Inhaltsangabe
Foreword

Preface

1. Practical Policy Analysis Using TERM

PART I: The TERM Approach

2. The TERM Model and its Data Base

3. Introducing Dynamics to TERM

PART II: Water Modeling

4. Water Resources Modeling: A Review

5. The Theory of TERM-H2O

6. Buybacks to Restore the Southern Murray-Darling Basin

7. The Economic Consequences of a Prolonged Drought in the Southern Murray-Darling Basin

8. Urban Water Supply: A Case Study of South-east Queensland

9. Applying TERM-H2O to Other Countries

Index