Economics of Water - Scarcity, Sustainability and Scientific Solutions

A special issue of Journal of Risk and Financial Management (ISSN 1911-8074). This special issue belongs to the section "Sustainability and Finance".

Deadline for manuscript submissions: closed (30 June 2021) | Viewed by 5122

Special Issue Editors


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Guest Editor
Department of Accounting Finance and Economics, Griffith Business School, Griffith University, Brisbane, QLD 4111, Australia
Interests: emerging markets; portfolio construction; asset allocation; market integration; volatility transmission
Special Issues, Collections and Topics in MDPI journals

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Guest Editor
Department of Accounting Finance and Economics, Griffith Business School, Griffith University, Nathan, QLD 4111, Australia
Interests: open economy macroeconomics; applied econometrics; international economics; monetary economics; financial economics; development economics

Special Issue Information

Dear Colleagues,

The outbreak of coronavirus disease (COVID-19) provides an early warning signal and underlines the need for forward-looking proactive strategies in terms of working out pre-emptive solutions for the potential problems that could erupt from any corner of geography and travel through any agent—water being the most significant one. The dwindling supplies of water in terms of both quantity and quality in the wake of constantly growing demand raises numerous concerns and policy challenges. These challenges remain unresolved, notwithstanding the voluminous number of studies conducted on the water sector.

This Special Issue focuses on the key areas of concerns in “Water Economics”. It aims to include novel research and analysis of how water and waste in water have a significant impact on human health, the environment, and economic growth. The submissions include theoretical and empirical articles in a range of areas of water economics—shift of trade and production across the world from high-water-efficient countries to low-water-efficient countries, management of scarce water resources, disposal of waste into the water stream, management of waste in water, water trading, water markets, water policies, and past and future challenges confronting the water sector.

Dr. Rakesh Gupta
Dr. Tarlok Singh
Guest Editors

Manuscript Submission Information

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Keywords

  • Water scarcity
  • Waste in water
  • Water management
  • Water trading
  • Water policies
  • Future challenges

Published Papers (2 papers)

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Research

12 pages, 252 KiB  
Article
Public Investment on Irrigation and Poverty Alleviation in Rural Laos
by Bounmy Inthakesone and Pakaiphone Syphoxay
J. Risk Financial Manag. 2021, 14(8), 352; https://0-doi-org.brum.beds.ac.uk/10.3390/jrfm14080352 - 02 Aug 2021
Cited by 1 | Viewed by 2105
Abstract
The demand for water is rising rapidly, particularly in agricultural and environmental sectors. This has led to more competition to access limited and scarce water resources. Therefore, choosing an appropriate approach to manage water resources, distribution and allocation, to attain sustainable agriculture is [...] Read more.
The demand for water is rising rapidly, particularly in agricultural and environmental sectors. This has led to more competition to access limited and scarce water resources. Therefore, choosing an appropriate approach to manage water resources, distribution and allocation, to attain sustainable agriculture is critical for every country worldwide. The most well-known method to preserve or store water and adaptation strategy to climate change is irrigation. This paper wished to understand the impact of irrigation on farmers’ income in Laos, especially from rice, which is the main crop of rural people. The difference in differences (DID) method was employed to estimate the regression results. The DID was estimated by the pooled OLS of the effect on the log of households’ rice farm income and log of households’ total income with household head’s age, education, gender, household size, ethnicity and harvest areas variables pointing out the coefficients of the outcome variables of interest (after treatment) were 0.037 and 0.076 with positive sign but statistically insignificant. The result implies irrigation has no impact on rice products. In other words, irrigation does not increase households’ income. The finding indicates the type of irrigation, the location of the operation headquarters and the management system or governance are crucial factors for explaining the impact of irrigation on the rice products in Laos. Full article
28 pages, 2822 KiB  
Article
Domestic and International Drivers of the Demand for Water Resources in the Context of Water Scarcity: A Cross-Country Study
by Rakesh Gupta, Kejia Yan, Tarlok Singh and Di Mo
J. Risk Financial Manag. 2020, 13(11), 255; https://0-doi-org.brum.beds.ac.uk/10.3390/jrfm13110255 - 29 Oct 2020
Cited by 5 | Viewed by 2547
Abstract
Global warming, while increasing human demand for water, is reducing water availability by reducing runoff flows and the effective amount of water between seasons, making water scarcity a growing problem globally. Water management plays an important role in mitigating global warming, improving the [...] Read more.
Global warming, while increasing human demand for water, is reducing water availability by reducing runoff flows and the effective amount of water between seasons, making water scarcity a growing problem globally. Water management plays an important role in mitigating global warming, improving the water cycle, reducing carbon emissions, and providing clean energy, and pricing water is considered a good approach to water management. Pricing water needs to take into account all sectors and aspects of society, such as domestic water, food and agriculture, energy, transport, industry, urban provision, human health, ecosystems, and the environment, and their interrelationships through water, within the context of the fundamental human rights to water and sanitation. This requires that every stakeholder should contribute to the development of water-related policies at every stage of the water interrelationship. This study investigated the relationship between water demand across different sectors of the economy using indicators for China, Australia, Japan, and the UK. Using panel analyses, this study finds that economic growth and population expansion increases the demand for water in all aspects. These findings have significant policy implications for water management. Because water prices can have an impact on global trade and, more importantly, are a major solution to global warming, water management policies should be considered at the global level, not only at the national level. Full article
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