Abstract
Using a computable general equilibrium approach, this study investigates the economy-wide impact of reductions in water resources in South Africa due to climate change. The simulation results show a potentially general deterioration in household welfare. Poor households are the most vulnerable. Short-run policy simulations suggest that this vulnerability can be reduced through welfare policies that maintain food consumption levels for households in the two lowest income quintiles.
Original language | English |
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Pages (from-to) | 265-278 |
Number of pages | 14 |
Journal | Water International |
Volume | 37 |
Issue number | 3 |
DOIs | |
Publication status | Published - 2012 |
Externally published | Yes |
Keywords
- Climate change
- water availability
- sectoral output
- value added
- household welfare