Essays on Intergenerational and Regional Aspects of Water Management

This dissertation consists of three essays on different aspects of water management. The first essay focuses on the sustainability of freshwater use by introducing the notion that altruistic parents do bequeath economic assets for their offspring. Constructing a two-period, over-lapping generational...

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Main Author: Chen, Yu
Format: Others
Published: FIU Digital Commons 2014
Subjects:
OLG
Online Access:http://digitalcommons.fiu.edu/etd/1525
http://digitalcommons.fiu.edu/cgi/viewcontent.cgi?article=2606&context=etd
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spelling ndltd-fiu.edu-oai-digitalcommons.fiu.edu-etd-26062018-01-05T15:30:38Z Essays on Intergenerational and Regional Aspects of Water Management Chen, Yu This dissertation consists of three essays on different aspects of water management. The first essay focuses on the sustainability of freshwater use by introducing the notion that altruistic parents do bequeath economic assets for their offspring. Constructing a two-period, over-lapping generational model, an optimal ratio of consumption and pollution for old and young generations in each period is determined. Optimal levels of water consumption and pollution change according to different parameters, such as, altruistic degree, natural recharge rate, and population growth. The second essay concerns water sharing between countries in the case of trans-boundary river basins. The paper recognizes that side payments fail to forge water-sharing agreement among the international community and that downstream countries have weak bargaining power. An interconnected game approach is developed by linking the water allocation issue with other non-water issues such as trade or border security problems, creating symmetry between countries in bargaining power. An interconnected game forces two countries to at least partially cooperate under some circumstances. The third essay introduces the concept of virtual water (VW) into a traditional international trade model in order to estimate water savings for a water scarce country. A two country, two products and two factors trade model is developed, which includes not only consumers and producer’s surplus, but also environmental externality of water use. The model shows that VW trade saves water and increases global and local welfare. This study should help policy makers to design appropriate subsidy or tax policy to promote water savings especially in water scarce countries. 2014-06-30T07:00:00Z text application/pdf http://digitalcommons.fiu.edu/etd/1525 http://digitalcommons.fiu.edu/cgi/viewcontent.cgi?article=2606&context=etd FIU Electronic Theses and Dissertations FIU Digital Commons OLG Freshwater Parental Altruism Interconnected Game Aggregated Isolated Game Virtual Water International Trade Social Welfare Externality
collection NDLTD
format Others
sources NDLTD
topic OLG
Freshwater
Parental Altruism
Interconnected Game
Aggregated Isolated Game
Virtual Water
International Trade
Social Welfare
Externality
spellingShingle OLG
Freshwater
Parental Altruism
Interconnected Game
Aggregated Isolated Game
Virtual Water
International Trade
Social Welfare
Externality
Chen, Yu
Essays on Intergenerational and Regional Aspects of Water Management
description This dissertation consists of three essays on different aspects of water management. The first essay focuses on the sustainability of freshwater use by introducing the notion that altruistic parents do bequeath economic assets for their offspring. Constructing a two-period, over-lapping generational model, an optimal ratio of consumption and pollution for old and young generations in each period is determined. Optimal levels of water consumption and pollution change according to different parameters, such as, altruistic degree, natural recharge rate, and population growth. The second essay concerns water sharing between countries in the case of trans-boundary river basins. The paper recognizes that side payments fail to forge water-sharing agreement among the international community and that downstream countries have weak bargaining power. An interconnected game approach is developed by linking the water allocation issue with other non-water issues such as trade or border security problems, creating symmetry between countries in bargaining power. An interconnected game forces two countries to at least partially cooperate under some circumstances. The third essay introduces the concept of virtual water (VW) into a traditional international trade model in order to estimate water savings for a water scarce country. A two country, two products and two factors trade model is developed, which includes not only consumers and producer’s surplus, but also environmental externality of water use. The model shows that VW trade saves water and increases global and local welfare. This study should help policy makers to design appropriate subsidy or tax policy to promote water savings especially in water scarce countries.
author Chen, Yu
author_facet Chen, Yu
author_sort Chen, Yu
title Essays on Intergenerational and Regional Aspects of Water Management
title_short Essays on Intergenerational and Regional Aspects of Water Management
title_full Essays on Intergenerational and Regional Aspects of Water Management
title_fullStr Essays on Intergenerational and Regional Aspects of Water Management
title_full_unstemmed Essays on Intergenerational and Regional Aspects of Water Management
title_sort essays on intergenerational and regional aspects of water management
publisher FIU Digital Commons
publishDate 2014
url http://digitalcommons.fiu.edu/etd/1525
http://digitalcommons.fiu.edu/cgi/viewcontent.cgi?article=2606&context=etd
work_keys_str_mv AT chenyu essaysonintergenerationalandregionalaspectsofwatermanagement
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