TY - JOUR
T1 - Sustainable water resource and endogenous economic growth
AU - Zhang, Ning
AU - Wu, Tao
AU - Wang, Bing
AU - Dong, Liang
AU - Ren, Jingzheng
PY - 2016/11/1
Y1 - 2016/11/1
N2 - Poyang Lake suffers from a severe shortage of water, due to the construction of the Three Gorges Dam and other hydropower stations along the upper Yangtze River. In this paper, we propose a two-sector endogenous growth model to investigate the effects of extractive water use and impoundment activities on the optimal sustainable growth path. To offset the negative impact of the extractive use on the regenerative capacities of water resources, the impoundment activities should grow at a constant rate. We also provide a numerical example to illustrate the mechanisms of the endowment and the regenerative capacities of water resources on the long-run economic growth path. We find out some theoretical evidence to support the construction of a water conservancy project to restore regeneration capacities of Poyang Lake.
AB - Poyang Lake suffers from a severe shortage of water, due to the construction of the Three Gorges Dam and other hydropower stations along the upper Yangtze River. In this paper, we propose a two-sector endogenous growth model to investigate the effects of extractive water use and impoundment activities on the optimal sustainable growth path. To offset the negative impact of the extractive use on the regenerative capacities of water resources, the impoundment activities should grow at a constant rate. We also provide a numerical example to illustrate the mechanisms of the endowment and the regenerative capacities of water resources on the long-run economic growth path. We find out some theoretical evidence to support the construction of a water conservancy project to restore regeneration capacities of Poyang Lake.
KW - Endogenous economic growth
KW - Extractive use
KW - Impoundment activities
KW - Poyang Lake
KW - Renewable water resources
KW - Water sustainability
U2 - 10.1016/j.techfore.2016.05.004
DO - 10.1016/j.techfore.2016.05.004
M3 - Journal article
VL - 112
SP - 237
EP - 244
JO - Technological Forecasting and Social Change
JF - Technological Forecasting and Social Change
SN - 0040-1625
ER -