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EPTD DISCUSSION PAPER NO. 63 INTEGRATED ECONOMIC-HYDROLOGIC WATER MODELING AT THE BASIN SCALE: THE MAIPO RIVER BASIN
BibTeX
@MISC{Rosegrant_eptddiscussion,
author = {M. W. Rosegrant and C. Ringler and D. C. Mckinney and X. Cai and A. Keller and G. Donoso},
title = {EPTD DISCUSSION PAPER NO. 63 INTEGRATED ECONOMIC-HYDROLOGIC WATER MODELING AT THE BASIN SCALE: THE MAIPO RIVER BASIN},
year = {}
}
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Abstract
Increasing competition for water across sectors increases the importance of the river basin as the appropriate unit of analysis to address the challenges facing water resources management; and modeling at this scale can provide essential information for policymakers in their resource allocation decisions. This paper introduces an integrated economichydrologic modeling framework that accounts for the interactions between water allocation, farmer input choice, agricultural productivity, nonagricultural water demand, and resource degradation in order to estimate the social and economic gains from improvement in the allocation and efficiency of water use. The model is applied to the Maipo River Basin in Chile. Economic benefits to water use are evaluated for different demand management instruments, including markets in tradable water rights, based on production and benefit functions with respect to water for the agricultural and urbanindustrial sectors. Keywords: River basin model; Water policy; Water market i CONTENTS 1.
Keyphrases
maipo river basin eptd discussion paper water use urbanindustrial sector nonagricultural water demand appropriate unit farmer input choice water policy water resource management water allocation economic benefit different demand management instrument resource allocation decision river basin essential information resource degradation agricultural productivity benefit function tradable water right water market content integrated economichydrologic economic gain
