An Innovative Emergy Quantification Method for Eco-economic Compensation for Agricultural Water Rights Trading
Agricultural water rights trading, involving the sale of saved irrigation water to users experiencing a water shortage, has become an efficient means of improving water use efficiency and optimizing water management. However, after the amount of irrigation water is reduced, it is prone to externalit...
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| Veröffentlicht in: | Water resources management 2021-02, Vol.35 (3), p.775-792 |
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| creator | Lv, Cuimei Li, Huiqin Ling, Minhua Guo, Xi Wu, Zening Gu, Changkuan Li, Yang |
| description | Agricultural water rights trading, involving the sale of saved irrigation water to users experiencing a water shortage, has become an efficient means of improving water use efficiency and optimizing water management. However, after the amount of irrigation water is reduced, it is prone to externalities, resulting in a decline in the ecosystem service functions of water sellers and economic, social, ecological, and environmental losses. Sufficient compensation for such losses is the key to the sustainable development of water markets. Based on the emergy theory of ecological economics and externality theory, the eco-economic losses of water sellers caused by agricultural water rights trading are analysed. An innovative emergy quantification method that includes economic, social, and eco-environmental compensation is proposed. Additionally, eco-economic compensation for water rights trading in Dongyang-Yiwu, China, is quantified as a case study. The results show that eco-economic compensation has generally risen continuously, from 94 million Chinese Yuan (¥) in 2013 to ¥114 million in 2017. Taking 2005 as the base year, this study finds that the present value of eco-economic compensation is ¥755 million, while the actual trading price is only ¥256 million. These results indicate that the actual price does not fully reflect the economic, social, and eco-environmental losses caused by trading. The method proposed in this study can provide a reference for the reasonable quantification of the compensation of water sellers. |
| doi_str_mv | 10.1007/s11269-020-02717-y |
| format | Article |
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However, after the amount of irrigation water is reduced, it is prone to externalities, resulting in a decline in the ecosystem service functions of water sellers and economic, social, ecological, and environmental losses. Sufficient compensation for such losses is the key to the sustainable development of water markets. Based on the emergy theory of ecological economics and externality theory, the eco-economic losses of water sellers caused by agricultural water rights trading are analysed. An innovative emergy quantification method that includes economic, social, and eco-environmental compensation is proposed. Additionally, eco-economic compensation for water rights trading in Dongyang-Yiwu, China, is quantified as a case study. The results show that eco-economic compensation has generally risen continuously, from 94 million Chinese Yuan (¥) in 2013 to ¥114 million in 2017. Taking 2005 as the base year, this study finds that the present value of eco-economic compensation is ¥755 million, while the actual trading price is only ¥256 million. These results indicate that the actual price does not fully reflect the economic, social, and eco-environmental losses caused by trading. The method proposed in this study can provide a reference for the reasonable quantification of the compensation of water sellers.</description><identifier>ISSN: 0920-4741</identifier><identifier>EISSN: 1573-1650</identifier><identifier>DOI: 10.1007/s11269-020-02717-y</identifier><language>eng</language><publisher>Dordrecht: Springer Netherlands</publisher><subject>Atmospheric Sciences ; Civil Engineering ; Compensation ; Earth and Environmental Science ; Earth Sciences ; Ecological economics ; Ecological function ; Economic analysis ; Economic impact ; Economics ; Ecosystem services ; Emergy ; Environment ; Geotechnical Engineering & Applied Earth Sciences ; Hydrogeology ; Hydrology/Water Resources ; Irrigation ; Irrigation water ; Sustainable development ; Water management ; Water markets ; Water rights ; Water shortages ; Water use ; Water use efficiency</subject><ispartof>Water resources management, 2021-02, Vol.35 (3), p.775-792</ispartof><rights>Springer Nature B.V. 2021</rights><rights>Springer Nature B.V. 2021.</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c319t-25de471c29f5b9803923005d7a12f73f0616340431de24e85e7da70b955452953</citedby><cites>FETCH-LOGICAL-c319t-25de471c29f5b9803923005d7a12f73f0616340431de24e85e7da70b955452953</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktopdf>$$Uhttps://link.springer.com/content/pdf/10.1007/s11269-020-02717-y$$EPDF$$P50$$Gspringer$$H</linktopdf><linktohtml>$$Uhttps://link.springer.com/10.1007/s11269-020-02717-y$$EHTML$$P50$$Gspringer$$H</linktohtml><link.rule.ids>314,777,781,27905,27906,41469,42538,51300</link.rule.ids></links><search><creatorcontrib>Lv, Cuimei</creatorcontrib><creatorcontrib>Li, Huiqin</creatorcontrib><creatorcontrib>Ling, Minhua</creatorcontrib><creatorcontrib>Guo, Xi</creatorcontrib><creatorcontrib>Wu, Zening</creatorcontrib><creatorcontrib>Gu, Changkuan</creatorcontrib><creatorcontrib>Li, Yang</creatorcontrib><title>An Innovative Emergy Quantification Method for Eco-economic Compensation for Agricultural Water Rights Trading</title><title>Water resources management</title><addtitle>Water Resour Manage</addtitle><description>Agricultural water rights trading, involving the sale of saved irrigation water to users experiencing a water shortage, has become an efficient means of improving water use efficiency and optimizing water management. However, after the amount of irrigation water is reduced, it is prone to externalities, resulting in a decline in the ecosystem service functions of water sellers and economic, social, ecological, and environmental losses. Sufficient compensation for such losses is the key to the sustainable development of water markets. Based on the emergy theory of ecological economics and externality theory, the eco-economic losses of water sellers caused by agricultural water rights trading are analysed. An innovative emergy quantification method that includes economic, social, and eco-environmental compensation is proposed. Additionally, eco-economic compensation for water rights trading in Dongyang-Yiwu, China, is quantified as a case study. The results show that eco-economic compensation has generally risen continuously, from 94 million Chinese Yuan (¥) in 2013 to ¥114 million in 2017. Taking 2005 as the base year, this study finds that the present value of eco-economic compensation is ¥755 million, while the actual trading price is only ¥256 million. These results indicate that the actual price does not fully reflect the economic, social, and eco-environmental losses caused by trading. The method proposed in this study can provide a reference for the reasonable quantification of the compensation of water sellers.</description><subject>Atmospheric Sciences</subject><subject>Civil Engineering</subject><subject>Compensation</subject><subject>Earth and Environmental Science</subject><subject>Earth Sciences</subject><subject>Ecological economics</subject><subject>Ecological function</subject><subject>Economic analysis</subject><subject>Economic impact</subject><subject>Economics</subject><subject>Ecosystem services</subject><subject>Emergy</subject><subject>Environment</subject><subject>Geotechnical Engineering & Applied Earth Sciences</subject><subject>Hydrogeology</subject><subject>Hydrology/Water Resources</subject><subject>Irrigation</subject><subject>Irrigation water</subject><subject>Sustainable development</subject><subject>Water management</subject><subject>Water markets</subject><subject>Water rights</subject><subject>Water shortages</subject><subject>Water 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Innovative Emergy Quantification Method for Eco-economic Compensation for Agricultural Water Rights Trading</title><author>Lv, Cuimei ; Li, Huiqin ; Ling, Minhua ; Guo, Xi ; Wu, Zening ; Gu, Changkuan ; Li, Yang</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c319t-25de471c29f5b9803923005d7a12f73f0616340431de24e85e7da70b955452953</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2021</creationdate><topic>Atmospheric Sciences</topic><topic>Civil Engineering</topic><topic>Compensation</topic><topic>Earth and Environmental Science</topic><topic>Earth Sciences</topic><topic>Ecological economics</topic><topic>Ecological function</topic><topic>Economic analysis</topic><topic>Economic impact</topic><topic>Economics</topic><topic>Ecosystem services</topic><topic>Emergy</topic><topic>Environment</topic><topic>Geotechnical Engineering & Applied Earth 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irrigation water to users experiencing a water shortage, has become an efficient means of improving water use efficiency and optimizing water management. However, after the amount of irrigation water is reduced, it is prone to externalities, resulting in a decline in the ecosystem service functions of water sellers and economic, social, ecological, and environmental losses. Sufficient compensation for such losses is the key to the sustainable development of water markets. Based on the emergy theory of ecological economics and externality theory, the eco-economic losses of water sellers caused by agricultural water rights trading are analysed. An innovative emergy quantification method that includes economic, social, and eco-environmental compensation is proposed. Additionally, eco-economic compensation for water rights trading in Dongyang-Yiwu, China, is quantified as a case study. The results show that eco-economic compensation has generally risen continuously, from 94 million Chinese Yuan (¥) in 2013 to ¥114 million in 2017. Taking 2005 as the base year, this study finds that the present value of eco-economic compensation is ¥755 million, while the actual trading price is only ¥256 million. These results indicate that the actual price does not fully reflect the economic, social, and eco-environmental losses caused by trading. The method proposed in this study can provide a reference for the reasonable quantification of the compensation of water sellers.</abstract><cop>Dordrecht</cop><pub>Springer Netherlands</pub><doi>10.1007/s11269-020-02717-y</doi><tpages>18</tpages></addata></record> |
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| subjects | Atmospheric Sciences Civil Engineering Compensation Earth and Environmental Science Earth Sciences Ecological economics Ecological function Economic analysis Economic impact Economics Ecosystem services Emergy Environment Geotechnical Engineering & Applied Earth Sciences Hydrogeology Hydrology/Water Resources Irrigation Irrigation water Sustainable development Water management Water markets Water rights Water shortages Water use Water use efficiency |
| title | An Innovative Emergy Quantification Method for Eco-economic Compensation for Agricultural Water Rights Trading |
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