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Drought and Groundwater Management
Amundsen, Eirik S. - 2016
This paper considers the problem of a water management authority faced with the threat of a drought that hits at an uncertain date. Three management policies are investigated: i) a laissez-faire (open-access) policy of automatic adjustment through a zero marginal private net benefit condition,...
Persistent link: https://www.econbiz.de/10012986182
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Optimal exploitation of groundwater and the potential for a tradable permit system in irrigated agriculture
Latinopoulos, Dionysis; Sartzetakis, Eftichios Sofokles - 2011
myopic competitive (common) exploitation of groundwater resources to a long-term efficient and sustainable allocation. A … groundwater) and (b) a social planner's model (representing the cooperative and sustainable allocation). The deviation of their … equilibrium state of this system. The two models are then applied in a typical rural area of Greece where groundwater is the only …
Persistent link: https://www.econbiz.de/10008934713
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Robust institutions for sustainable water markets : a survey of the literature and the way forward
Maziotis, Alexandros; Calliari, Elisa; Myšiak, Jaroslav - 2013
This paper discusses a framework for analyzing robust institutions for water markets drawn on the new institutional economics school of thoughts which is based on Williamson, North, Coase and Ostrom theories on transaction cost economics, property rights and collective actions. Based on these...
Persistent link: https://www.econbiz.de/10009757358
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The water abstraction license regime in Italy : a case for reform?
Santato, Silvia; Myšiak, Jaroslav; Pérez Blanco, … - 2016
The current Water Abstraction License (WAL) regime in Italy is no longer flexible enough to cope with the challenges posed by human-induced climate and global environmental changes. The cornerstones of the current regime were laid down in the 1930s and have remained essentially unchanged ever...
Persistent link: https://www.econbiz.de/10011457607
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The potential of REDD+ for carbon sequestration in tropical forests : supply curves for carbon storage for Kalimantan, Indonesia
Indrajaya, Yonky; Van der Werf, Edwin; Weikard, Hans-Peter - 2015
We study the potential of tropical multi-age multi-species forests for sequestering carbon in response to financial incentives from REDD+. The use of reduced impact logging techniques (RIL) allows a forest owner to apply for carbon credits whereas the use of conventional logging techniques (CL)...
Persistent link: https://www.econbiz.de/10011348906
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On the economics of forest carbon : renewable and carbon neutral but not emission free
Lintunen, Jussi; Uusivuori, Jussi Ilkka - 2014 - This version: November 26, 2013
First-best optimal forest sector carbon policy is examined. Using a comprehensive forest sector model with a detailed carbon cycle section we show that the renewability and carbon neutrality arguments do not warrant emission free treatment of forest bioenergy. However, under the biomass stock...
Persistent link: https://www.econbiz.de/10010250434
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An integrated risk assessment model for the implementation of drought insurance markets in Spain
Pérez Blanco, Carlos Dionisio; Gómez, Carlos Mario - 2014
are tolerated by the authorities. Groundwater overexploitation for irrigation has created in these areas an unprecedented …
Persistent link: https://www.econbiz.de/10010373740
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The tradable permits approach to protecting the commons : what have we learned?
Tietenberg, Thomas H. - 2002
This essay reviews the implementation experience with three main applications of tradable permit systems: air pollution control, water supply and fisheries management. Opening with a brief summary of the theory behind these programs and both the economic and environmental consequences...
Persistent link: https://www.econbiz.de/10011596945
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European forests and carbon sequestration services: an economic assessment of climate change impacts
Ding, Helen; Nunes, Paulo A. L. D.; Teelucksingh, Sonja - 2010
This paper reports an original economic valuation of the impact of climate change on the provision of forest regulating services in Europe. To the authors’ knowledge the current paper represents the first systematic attempt to estimate human well-being losses with respect to changes in...
Persistent link: https://www.econbiz.de/10008702331
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A hybrid approach to the valuation of climate change effects on ecosystem services: evidence from the European forests
Ding, Helen; Silvestri, Silvia; Chiabai, Aline; Nunes, … - 2010
In this paper we present a systematic attempt to assess economic value of climate change impact on forest ecosystems and human welfare. In the present study, climate change impacts are downscaled to the different European countries, which in turn constitute the elements of our analysis. First,...
Persistent link: https://www.econbiz.de/10008728741