IDEAS home Printed from https://ideas.repec.org/a/spr/waterr/v36y2022i4d10.1007_s11269-022-03069-5.html
   My bibliography  Save this article

A Non-stationary and Probabilistic Approach for Drought Characterization Using Trivariate and Pairwise Copula Construction (PCC) Model

Author

Listed:
  • Soumyashree Dixit

    (National Institute of Technology)

  • K. V. Jayakumar

    (National Institute of Technology)

Abstract

Under variable climatic conditions, the conventional Standardized Precipitation Index (SPI) and Reconnaissance Drought Index (RDI) are inadequate for predicting extreme drought characteristics. Non-stationary Standardized Precipitation Index (NSPI) and Non-stationary Reconnaissance Drought Index (NRDI) are, therefore, developed by fitting non-stationary distributions. The Generalized Additive Model in Location, Scale and Shape (GAMLSS) framework, with time varying location parameters considering the external covariates, is used to fit the non-stationary distributions. Multivariate ENSO Index (MEI), Southern Oscillation Index (SOI), Sea Surface Temperature (SST), and Indian Ocean Dipole (IOD) are considered as external covariates for the non-stationary drought assessment. The performances of stationary and non-stationary models are compared. The study also concentrated on the trivariate and the Pairwise Copula Construction (PCC) models to estimate the drought return periods. The comparison of two copula models revealed that the PCC model performed better than the trivariate Student’s t copula model. The recurrence intervals arrived at for the drought events are different for trivariate copula model and PCC model. This study showed that non-stationary drought indices will be helpful in the accurate estimate of the drought characteristics under the changing climatic scenario.

Suggested Citation

  • Soumyashree Dixit & K. V. Jayakumar, 2022. "A Non-stationary and Probabilistic Approach for Drought Characterization Using Trivariate and Pairwise Copula Construction (PCC) Model," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 36(4), pages 1217-1236, March.
  • Handle: RePEc:spr:waterr:v:36:y:2022:i:4:d:10.1007_s11269-022-03069-5
    DOI: 10.1007/s11269-022-03069-5
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11269-022-03069-5
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.

    File URL: https://libkey.io/10.1007/s11269-022-03069-5?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Aas, Kjersti & Czado, Claudia & Frigessi, Arnoldo & Bakken, Henrik, 2009. "Pair-copula constructions of multiple dependence," Insurance: Mathematics and Economics, Elsevier, vol. 44(2), pages 182-198, April.
    2. Brechmann, Eike Christian & Schepsmeier, Ulf, 2013. "Modeling Dependence with C- and D-Vine Copulas: The R Package CDVine," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 52(i03).
    3. Bahram Saghafian & Hossein Mehdikhani, 2014. "Drought characterization using a new copula-based trivariate approach," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 72(3), pages 1391-1407, July.
    4. Yixuan Wang & Jianzhu Li & Ping Feng & Rong Hu, 2015. "A Time-Dependent Drought Index for Non-Stationary Precipitation Series," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 29(15), pages 5631-5647, December.
    5. G. Tsakiris & D. Pangalou & H. Vangelis, 2007. "Regional Drought Assessment Based on the Reconnaissance Drought Index (RDI)," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 21(5), pages 821-833, May.
    6. Vuong, Quang H, 1989. "Likelihood Ratio Tests for Model Selection and Non-nested Hypotheses," Econometrica, Econometric Society, vol. 57(2), pages 307-333, March.
    7. R. A. Rigby & D. M. Stasinopoulos, 2005. "Generalized additive models for location, scale and shape," Journal of the Royal Statistical Society Series C, Royal Statistical Society, vol. 54(3), pages 507-554, June.
    8. Javad Bazrafshan & Somayeh Hejabi, 2018. "A Non-Stationary Reconnaissance Drought Index (NRDI) for Drought Monitoring in a Changing Climate," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 32(8), pages 2611-2624, June.
    9. Poulomi Ganguli & M. Reddy, 2012. "Risk Assessment of Droughts in Gujarat Using Bivariate Copulas," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 26(11), pages 3301-3327, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ihsan F. Hasan & Rozi Abdullah, 2022. "Agricultural Drought Characteristics Analysis Using Copula," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 36(15), pages 5915-5930, December.
    2. Xing Liu & Zhaoyang Cai & Yan Xu & Huihui Zheng & Kaige Wang & Fengrong Zhang, 2022. "Suitability Evaluation of Cultivated Land Reserved Resources in Arid Areas Based on Regional Water Balance," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 36(4), pages 1463-1479, March.
    3. Shuhui Guo & Lihua Xiong & Jie Chen & Shenglian Guo & Jun Xia & Ling Zeng & Chong-Yu Xu, 2023. "Nonstationary Regional Flood Frequency Analysis Based on the Bayesian Method," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 37(2), pages 659-681, January.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. D. Chiru Naik & Sagar Rohidas Chavan & P. Sonali, 2023. "Incorporating the climate oscillations in the computation of meteorological drought over India," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 117(3), pages 2617-2646, July.
    2. Javad Bazrafshan & Majid Cheraghalizadeh & Kokab Shahgholian, 2022. "Development of a Non-stationary Standardized Precipitation Evapotranspiration Index (NSPEI) for Drought Monitoring in a Changing Climate," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 36(10), pages 3523-3543, August.
    3. Jenq-Tzong Shiau, 2020. "Effects of Gamma-Distribution Variations on SPI-Based Stationary and Nonstationary Drought Analyses," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 34(6), pages 2081-2095, April.
    4. Youxin Wang & Tao Peng & Qingxia Lin & Vijay P. Singh & Xiaohua Dong & Chen Chen & Ji Liu & Wenjuan Chang & Gaoxu Wang, 2022. "A New Non-stationary Hydrological Drought Index Encompassing Climate Indices and Modified Reservoir Index as Covariates," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 36(7), pages 2433-2454, May.
    5. Rina Wu & Jiquan Zhang & Yuhai Bao & Enliang Guo, 2019. "Run Theory and Copula-Based Drought Risk Analysis for Songnen Grassland in Northeastern China," Sustainability, MDPI, vol. 11(21), pages 1-17, October.
    6. Koliai, Lyes, 2016. "Extreme risk modeling: An EVT–pair-copulas approach for financial stress tests," Journal of Banking & Finance, Elsevier, vol. 70(C), pages 1-22.
    7. Dalla Valle, Luciana & De Giuli, Maria Elena & Tarantola, Claudia & Manelli, Claudio, 2016. "Default probability estimation via pair copula constructions," European Journal of Operational Research, Elsevier, vol. 249(1), pages 298-311.
    8. Chemkha, Rahma & BenSaïda, Ahmed & Ghorbel, Ahmed, 2021. "Connectedness between cryptocurrencies and foreign exchange markets: Implication for risk management," Journal of Multinational Financial Management, Elsevier, vol. 59(C).
    9. Eling, Martin & Jung, Kwangmin, 2018. "Copula approaches for modeling cross-sectional dependence of data breach losses," Insurance: Mathematics and Economics, Elsevier, vol. 82(C), pages 167-180.
    10. Seyyed Ali Zeytoon Nejad Moosavian & Barry K. Goodwin, 2021. "Flexible modelling of multivariate risks in pricing margin protection insurance: modelling portfolio risks with mixtures of mixtures," Applied Economics, Taylor & Francis Journals, vol. 53(4), pages 411-440, January.
    11. Javad Bazrafshan & Somayeh Hejabi, 2018. "A Non-Stationary Reconnaissance Drought Index (NRDI) for Drought Monitoring in a Changing Climate," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 32(8), pages 2611-2624, June.
    12. Krämer, Nicole & Brechmann, Eike C. & Silvestrini, Daniel & Czado, Claudia, 2013. "Total loss estimation using copula-based regression models," Insurance: Mathematics and Economics, Elsevier, vol. 53(3), pages 829-839.
    13. Karol Wyszynski & Giampiero Marra, 2018. "Sample selection models for count data in R," Computational Statistics, Springer, vol. 33(3), pages 1385-1412, September.
    14. Zhang, Dalu, 2014. "Vine copulas and applications to the European Union sovereign debt analysis," International Review of Financial Analysis, Elsevier, vol. 36(C), pages 46-56.
    15. Fatih Tosunoglu & Ibrahim Can, 2016. "Application of copulas for regional bivariate frequency analysis of meteorological droughts in Turkey," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 82(3), pages 1457-1477, July.
    16. Matteo Malavasi & Gareth W. Peters & Pavel V. Shevchenko & Stefan Truck & Jiwook Jang & Georgy Sofronov, 2021. "Cyber Risk Frequency, Severity and Insurance Viability," Papers 2111.03366, arXiv.org, revised Mar 2022.
    17. Dominique Guegan & Bertrand K. Hassani, 2011. "Operational risk: a Basel II++ step before Basel III," Documents de travail du Centre d'Economie de la Sorbonne 11053, Université Panthéon-Sorbonne (Paris 1), Centre d'Economie de la Sorbonne.
    18. Beatrice D. Simo-Kengne & Kofi A. Ababio & Jules Mba & Ur Koumba, 2018. "Behavioral portfolio selection and optimization: an application to international stocks," Financial Markets and Portfolio Management, Springer;Swiss Society for Financial Market Research, vol. 32(3), pages 311-328, August.
    19. Salaheddine El Adlouni, 2018. "Quantile regression C-vine copula model for spatial extremes," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 94(1), pages 299-317, October.
    20. Wu Zening & He Chentao & Huiliang Wang & Qian Zhang, 2020. "Reservoir Inflow Synchronization Analysis for Four Reservoirs on a Mainstream and its Tributaries in Flood Season Based on a Multivariate Copula Model," Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), Springer;European Water Resources Association (EWRA), vol. 34(9), pages 2753-2770, July.

    More about this item

    Keywords

    NSPI; NRDI; MEI; IOD; SST; SOI; GAMLSS; PCC;
    All these keywords.

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:waterr:v:36:y:2022:i:4:d:10.1007_s11269-022-03069-5. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.