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Analysis of Tradable Water Volumes of Industry in Water-Rich Areas of China: A Case Study of Changsha City

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  • Xiang-nan Chen

    (Business School, Hohai University, Nanjing 211100, China
    Institute of Planning and Decision-Making, Hohai University, Nanjing 211100, China)

  • Feng-ping Wu

    (Business School, Hohai University, Nanjing 211100, China
    Institute of Planning and Decision-Making, Hohai University, Nanjing 211100, China)

  • Fang Li

    (Business School, Hohai University, Nanjing 211100, China
    Institute of Planning and Decision-Making, Hohai University, Nanjing 211100, China)

  • Yue Zhao

    (Business School, Hohai University, Nanjing 211100, China
    Institute of Planning and Decision-Making, Hohai University, Nanjing 211100, China)

  • Xia Xu

    (Business School, Hohai University, Nanjing 211100, China
    Institute of Planning and Decision-Making, Hohai University, Nanjing 211100, China)

Abstract

Tradable water volumes is one of the basic elements of water-rights trading. In China, water-rights transactions mostly occur in water-deficient areas. However, the water-rich areas are also facing serious water-shortage problems. It is necessary to stimulate the water-rights trading power in abundant water areas to improve water-resource predicament. This paper studied the concept and calculation method of tradable water volumes of industry. First, based on the property rights theory, we analyzed the concept of tradable water volumes, and put forward the preliminary determination of water-rights trading subjects. Then, we defined the tradable water volumes of industry as the difference between the initial water-rights allocation and the water demand of industry. We used the proportion method to calculate the initial water-rights allocation of industry under different runoff frequencies, and grey model (1,1) to predict the water demand of industry. Finally, we applied the calculation method to Changsha city which is in a water-rich area of China. The calculation results contribute to water-resource management in Changsha city. This paper will provide a theoretical basis for researching the tradable water volumes, and promote the development of water-rights trading in China’s water-rich areas.

Suggested Citation

  • Xiang-nan Chen & Feng-ping Wu & Fang Li & Yue Zhao & Xia Xu, 2021. "Analysis of Tradable Water Volumes of Industry in Water-Rich Areas of China: A Case Study of Changsha City," IJERPH, MDPI, vol. 18(2), pages 1-20, January.
    • Handle: RePEc:gam:jijerp:v:18:y:2021:i:2:p:679-:d:480538
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    References listed on IDEAS

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    Cited by:

    1. Chen, Xiang-nan & Wu, Feng-ping & Li, Fang & Zhao, Yue & Xu, Xia, 2022. "Prediction and analysis of water rights trading volume: Based on the water rights trading in Inner Mongolia, China," Agricultural Water Management, Elsevier, vol. 272(C).
    2. Wu, Zheng & Tian, Guiliang & Xia, Qing & Hu, Hao & Li, Jiawen, 2023. "Connotation, calculation and influencing factors of the water-use rights benchmark price: A case study of agricultural water use in the Ningxia Yellow River irrigation area," Agricultural Water Management, Elsevier, vol. 283(C).
    3. Chen, Xiang-nan & Li, Fang & Wu, Feng-ping & Xu, Xia & Zhao, Yue, 2023. "Initial water rights allocation of Industry in the Yellow River basin driven by high-quality development," Ecological Modelling, Elsevier, vol. 477(C).

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