Analysis of Tradable Water Volumes of Industry in Water-Rich Areas of China: A Case Study of Changsha City
Xiang-nan Chen,
Feng-ping Wu,
Fang Li,
Yue Zhao and
Xia Xu
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Xiang-nan Chen: Business School, Hohai University, Nanjing 211100, China
Feng-ping Wu: Business School, Hohai University, Nanjing 211100, China
Fang Li: Business School, Hohai University, Nanjing 211100, China
Yue Zhao: Business School, Hohai University, Nanjing 211100, China
Xia Xu: Business School, Hohai University, Nanjing 211100, China
IJERPH, 2021, vol. 18, issue 2, 1-20
Abstract:
Tradable water volumes is one of the basic elements of water-rights trading. In China, water-rights transactions mostly occur in water-deficient areas. However, the water-rich areas are also facing serious water-shortage problems. It is necessary to stimulate the water-rights trading power in abundant water areas to improve water-resource predicament. This paper studied the concept and calculation method of tradable water volumes of industry. First, based on the property rights theory, we analyzed the concept of tradable water volumes, and put forward the preliminary determination of water-rights trading subjects. Then, we defined the tradable water volumes of industry as the difference between the initial water-rights allocation and the water demand of industry. We used the proportion method to calculate the initial water-rights allocation of industry under different runoff frequencies, and grey model (1,1) to predict the water demand of industry. Finally, we applied the calculation method to Changsha city which is in a water-rich area of China. The calculation results contribute to water-resource management in Changsha city. This paper will provide a theoretical basis for researching the tradable water volumes, and promote the development of water-rights trading in China’s water-rich areas.
Keywords: water-rights trading; tradable water volumes of industry; tradable control volumes of industry; the subjects of water-rights trading; water-rich areas of China (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (3)
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