Title
A hybrid partial and general equilibrium modeling approach to assess the hydro-economic impacts of large dams - The case of the Grand Ethiopian Renaissance Dam in the Eastern Nile River basin.
Abstract
A novel integrated hydro-economic modeling framework that links a bottom-up partial equilibrium (engineering) model with a top-down (economic) general equilibrium model is developed for assessing the regional economic impacts of water resources management and infrastructure development decisions in a transboundary river basin. The engineering model is employed first to solve the water allocation problem for a river system in a partial equilibrium setting. The resulting system-wide changes in optimal water allocation are subsequently fed into the general equilibrium model to provide an economy-wide perspective. This integrated hydro-economic modeling framework is illustrated using the Eastern Nile River basin as a case study. The engineering-based stochastic dual dynamic programming (SDDP) model of the Eastern Nile basin is coupled with the computable general equilibrium (CGE) model GTAP-W to assess the economy-wide impacts of the Grand Ethiopian Renaissance Dam (GERD) on the Eastern Nile economies.
Year
DOI
Venue
2019
10.1016/j.envsoft.2019.03.007
Environmental Modelling & Software
Keywords
Field
DocType
Computable general equilibrium modeling,Stochastic dual dynamic programming,Grand Ethiopian Renaissance dam,Eastern Nile countries
Water resource management,Computable general equilibrium,Economic impact analysis,Drainage basin,Computer science,Drainage system (geomorphology),Hydrology,Partial equilibrium,General equilibrium theory,Water resources,Structural basin
Journal
Volume
ISSN
Citations 
117
1364-8152
0
PageRank 
References 
Authors
0.34
0
6
Name
Order
Citations
PageRank
Tewodros Negash Kahsay100.34
Diane Arjoon200.34
Onno Kuik300.68
Roy Brouwer481.62
A. Tilmant520.87
pieter van der zaag661.81