CAPACITY CHOICE OF DAMS UNDER RIVALRY USE AND EXTERNALITIES

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dc.contributor.authorPham Do KH
dc.contributor.authorHouba H
dc.contributor.authorZhu X
dc.date.accessioned2023-10-19T20:38:18Z
dc.date.available2014-10-30
dc.date.available2023-10-19T20:38:18Z
dc.date.issued2014-10-30
dc.description.abstractThis paper studies the relation between optimal dam capacity and water management under rivalry uses and externalities. We extend the hydropower generation model, based on Haddad (2011), by including the competing use of water resource, non-linear building cost of dam capacity and externalities in a welfare optimization model. We obtain the optimal dam capacity for multi-functional dams such as providing infrastructure for industrial and households water use, conjunctive use of hydropower generation and irrigation; storing water in the wet season for use in the dry season, and mitigating áooding damages. The optimal solution shows that optimal dam capacity is characterized by the marginal benefits of hydropower generation, the marginal costs of flooding damages, and the constraining factors. Moreover, the optimal water management can be achieved by using derived seasonal prices in a decentralized manner.
dc.description.confidentialfalse
dc.identifierhttp://papers.tinbergen.nl/14143.pdf
dc.identifierhttps://www.researchgate.net/profile/Kim_Hang_Pham_Do
dc.identifier.citation2014
dc.identifier.elements-id237300
dc.identifier.harvestedMassey_Dark
dc.identifier.urihttp://hdl.handle.net/10179/20255
dc.publisher.urihttp://papers.tinbergen.nl/14143.pdf
dc.relation.urihttp://papers.tinbergen.nl/14143.pdf
dc.titleCAPACITY CHOICE OF DAMS UNDER RIVALRY USE AND EXTERNALITIES
dc.typeJournal article
pubs.notesNot known
pubs.organisational-group/Massey University
pubs.organisational-group/Massey University/Massey Business School
pubs.organisational-group/Massey University/Massey Business School/School of Economics and Finance
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