The Macroeconomic Impact of Future Water Scarcity : An Assessment of Alternative Scenarios

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 con...

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Main Authors:	Roson, Roberto, Damania, Richard
Format:	Journal Article
Published:	Elsevier 2018
Subjects:	WATER ECONOMIC GROWTH COMPUTABLE GENERAL EQUILIBRIUM CGE MODEL VIRTUAL WATER TRADE CLIMATE CHANGE
Online Access:	http://hdl.handle.net/10986/29299

id	okr-10986-29299
recordtype	oai_dc
spelling	okr-10986-292992021-05-25T10:54:43Z The Macroeconomic Impact of Future Water Scarcity : An Assessment of Alternative Scenarios Roson, Roberto Damania, Richard WATER ECONOMIC GROWTH COMPUTABLE GENERAL EQUILIBRIUM CGE MODEL VIRTUAL WATER TRADE CLIMATE CHANGE 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. 2018-02-01T20:05:33Z 2018-02-01T20:05:33Z 2017-11 Journal Article Journal of Policy Modeling 0161-8938 http://hdl.handle.net/10986/29299 CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Elsevier Publications & Research :: Journal Article Publications & Research
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
topic	WATER ECONOMIC GROWTH COMPUTABLE GENERAL EQUILIBRIUM CGE MODEL VIRTUAL WATER TRADE CLIMATE CHANGE
spellingShingle	WATER ECONOMIC GROWTH COMPUTABLE GENERAL EQUILIBRIUM CGE MODEL VIRTUAL WATER TRADE CLIMATE CHANGE Roson, Roberto Damania, Richard The Macroeconomic Impact of Future Water Scarcity : An Assessment of Alternative Scenarios
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	Journal Article
author	Roson, Roberto Damania, Richard
author_facet	Roson, Roberto Damania, Richard
author_sort	Roson, Roberto
title	The Macroeconomic Impact of Future Water Scarcity : An Assessment of Alternative Scenarios
title_short	The Macroeconomic Impact of Future Water Scarcity : An Assessment of Alternative Scenarios
title_full	The Macroeconomic Impact of Future Water Scarcity : An Assessment of Alternative Scenarios
title_fullStr	The Macroeconomic Impact of Future Water Scarcity : An Assessment of Alternative Scenarios
title_full_unstemmed	The Macroeconomic Impact of Future Water Scarcity : An Assessment of Alternative Scenarios
title_sort	macroeconomic impact of future water scarcity : an assessment of alternative scenarios
publisher	Elsevier
publishDate	2018
url	http://hdl.handle.net/10986/29299
_version_	1764468998310723584

The Macroeconomic Impact of Future Water Scarcity : An Assessment of Alternative Scenarios

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