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Economic Modeling of Water: The Australian CGE Experience

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Description / Abstract

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.

  • Case studies explore internationally relevant policy implications.
  • Provides the full theoretical basis of a CGE model with water accounts that distinguish between dry-land and irrigation agriculture.
  • Combines localised regional analysis with broader national implications.
  • Includes detailed structural analysis as a starting point for explaining modeled outcomes.
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English
Related IWRM Tools
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Water Rights

A2.01

Source URL:https://iwrmactionhub.org/resource/economic-modeling-water-australian-cge-experience