Integrated Assessment Models of the Food, Energy, and Water Nexus: A Review and an Outline of Research Needs
Catherine Kling,
Raymond W. Arritt,
Gray Calhoun and
David A. Keiser
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Raymond W. Arritt: Department of Agronomy, Iowa State University, Ames, Iowa 50011
Gray Calhoun: Department of Economics and Center for Agricultural and Rural Development, Iowa State University, Ames, Iowa 50011
David A. Keiser: Department of Economics and Center for Agricultural and Rural Development, Iowa State University, Ames, Iowa 50011
Annual Review of Resource Economics, 2017, vol. 9, issue 1, 143-163
Abstract:
Food, energy, and water (FEW) systems play a fundamental role in determining societal health and economic well-being. However, current and expected changes in climate, population, and land use place these systems under considerable stress. To improve policies that target these challenges, this review highlights the need for integrating biophysical and economic models of the FEW nexus. We discuss advancements in modeling individual components that comprise this system and outline fundamental research needs for these individual areas as well as for model integration. Though great strides have been made in individual and integrated modeling, we nevertheless find a considerable need for improved integration of economic decision-making with biophysical models. We also highlight a need for improved model validation.
Keywords: integrated assessment; food; energy; water (search for similar items in EconPapers)
JEL-codes: C52 Q15 Q28 Q40 Q53 Q54 (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (14)
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