Does Socioeconomic Feedback Matter for Water Models?
Saeed P. Langarudi,
Connie M. Maxwell,
Yining Bai,
Austin Hanson and
Alexander Fernald
Ecological Economics, 2019, vol. 159, issue C, 35-45
Abstract:
While integrated systems approaches have been recognized as critical for management of the ecology, water resources management models typically ignore a defining feature — feedback mechanisms between socioeconomic and hydrologic variables. They treat essential variables such as population, economic growth, and sometimes even irrigated land, as exogenous drivers. In this paper, a minimalistic “closed-loop” social hydrology model is developed for a southern region in New Mexico and compared to an “open-loop” (partially exogenously driven) model. Results reveal that the integration of the social feedback links into a hydrology system may change the implications of water-related policy analysis. The introduced closed-loop model can serve as a generic structure for any social hydrology system.
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:159:y:2019:i:c:p:35-45
DOI: 10.1016/j.ecolecon.2019.01.009
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