Simulating the Macroeconomic Impact of Future Water Scarcity

In this paper we consider some of the economic implications of climate change scenarios as described in the Shared Socioeconomic Pathways (SSPs). By comparing potential water demand with estimates of (sustainable) water availability in different re...

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Main Author:	Roson, Roberto
Format:	Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2017
Subjects:	WATER ECONOMIC GROWTH COMPUTABLE GENERAL EQUILIBRIUM VIRTUAL WATER SCARCITY SUSTAINABLE WATER SUPPLY CLIMATE CHANGE ENVIRONMENT WATER DEMAND POLICY SHARED SOCIOECONOMIC PATHWAYS
Online Access:	http://documents.worldbank.org/curated/en/846471486646385694/Simulating-the-macroeconomic-impact-of-future-water-scarcity http://hdl.handle.net/10986/26027

id	okr-10986-26027
recordtype	oai_dc
spelling	okr-10986-260272021-05-25T08:57:25Z Simulating the Macroeconomic Impact of Future Water Scarcity Roson, Roberto WATER ECONOMIC GROWTH COMPUTABLE GENERAL EQUILIBRIUM VIRTUAL WATER SCARCITY SUSTAINABLE WATER SUPPLY CLIMATE CHANGE ENVIRONMENT WATER DEMAND POLICY SHARED SOCIOECONOMIC PATHWAYS In this paper we consider some of the economic implications of climate change scenarios as described in the Shared Socioeconomic Pathways (SSPs). By comparing potential water demand with estimates of (sustainable) water availability in different regions, we identify regions that are likely to be constrained in their future economic growth potential by the scarcity of water resources. We assess the macroeconomic impact of water scarcity under alternative allocation rules finding that, by assigning more water to sectors in which it has a higher value, shifting production to less water intensive sectors, and importing more water intensive goods, constrained regions can effectively neutralize these water related climate risks and adapt to a changing water environment. However, this adaptation effort is likely to imply some radical changes in water management policies. 2017-02-09T18:12:32Z 2017-02-09T18:12:32Z 2017-02-08 Working Paper http://documents.worldbank.org/curated/en/846471486646385694/Simulating-the-macroeconomic-impact-of-future-water-scarcity http://hdl.handle.net/10986/26027 English en_US Discussion Paper; CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	English en_US
topic	WATER ECONOMIC GROWTH COMPUTABLE GENERAL EQUILIBRIUM VIRTUAL WATER SCARCITY SUSTAINABLE WATER SUPPLY CLIMATE CHANGE ENVIRONMENT WATER DEMAND POLICY SHARED SOCIOECONOMIC PATHWAYS
spellingShingle	WATER ECONOMIC GROWTH COMPUTABLE GENERAL EQUILIBRIUM VIRTUAL WATER SCARCITY SUSTAINABLE WATER SUPPLY CLIMATE CHANGE ENVIRONMENT WATER DEMAND POLICY SHARED SOCIOECONOMIC PATHWAYS Roson, Roberto Simulating the Macroeconomic Impact of Future Water Scarcity
relation	Discussion Paper;
description	In this paper we consider some of the economic implications of climate change scenarios as described in the Shared Socioeconomic Pathways (SSPs). By comparing potential water demand with estimates of (sustainable) water availability in different regions, we identify regions that are likely to be constrained in their future economic growth potential by the scarcity of water resources. We assess the macroeconomic impact of water scarcity under alternative allocation rules finding that, by assigning more water to sectors in which it has a higher value, shifting production to less water intensive sectors, and importing more water intensive goods, constrained regions can effectively neutralize these water related climate risks and adapt to a changing water environment. However, this adaptation effort is likely to imply some radical changes in water management policies.
format	Working Paper
author	Roson, Roberto
author_facet	Roson, Roberto
author_sort	Roson, Roberto
title	Simulating the Macroeconomic Impact of Future Water Scarcity
title_short	Simulating the Macroeconomic Impact of Future Water Scarcity
title_full	Simulating the Macroeconomic Impact of Future Water Scarcity
title_fullStr	Simulating the Macroeconomic Impact of Future Water Scarcity
title_full_unstemmed	Simulating the Macroeconomic Impact of Future Water Scarcity
title_sort	simulating the macroeconomic impact of future water scarcity
publisher	World Bank, Washington, DC
publishDate	2017
url	http://documents.worldbank.org/curated/en/846471486646385694/Simulating-the-macroeconomic-impact-of-future-water-scarcity http://hdl.handle.net/10986/26027
_version_	1764460756295745536

Simulating the Macroeconomic Impact of Future Water Scarcity

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