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dc.contributor.authorGupta, Rakesh
dc.contributor.authorYan, Kejia
dc.contributor.authorSingh, Tarlok
dc.contributor.authorMo, Di
dc.date.accessioned2021-01-13T04:33:49Z
dc.date.available2021-01-13T04:33:49Z
dc.date.issued2020
dc.identifier.issn1911-8066
dc.identifier.doi10.3390/jrfm13110255
dc.identifier.urihttp://hdl.handle.net/10072/400989
dc.description.abstractGlobal 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.
dc.description.peerreviewedYes
dc.languageEnglish
dc.publisherMDPI
dc.relation.ispartofpagefrom255
dc.relation.ispartofissue11
dc.relation.ispartofjournalJournal of Risk and Financial Management
dc.relation.ispartofvolume13
dc.subject.fieldofresearchApplied Economics
dc.subject.fieldofresearchEnvironmental Management
dc.subject.fieldofresearchcode1402
dc.subject.fieldofresearchcode050205
dc.subject.keywordsSocial Sciences
dc.subject.keywordsBusiness, Finance
dc.subject.keywordsBusiness & Economics
dc.subject.keywordsglobal warming
dc.subject.keywordswater scarcity
dc.titleDomestic and International Drivers of the Demand for Water Resources in the Context of Water Scarcity: A Cross-Country Study
dc.typeJournal article
dc.type.descriptionC1 - Articles
dcterms.bibliographicCitationGupta, R; Yan, K; Singh, T; Mo, D, Domestic and International Drivers of the Demand for Water Resources in the Context of Water Scarcity: A Cross-Country Study, Journal of Risk and Financial Management, 2020, 13 (11), pp. 255
dcterms.licensehttp://creativecommons.org/licenses/by/4.0/
dc.date.updated2021-01-13T03:59:25Z
dc.description.versionVersion of Record (VoR)
gro.rights.copyright© 2020 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
gro.hasfulltextFull Text
gro.griffith.authorSingh, Tarlok
gro.griffith.authorGupta, Rakesh
gro.griffith.authorYan, Kejia


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