Fundamental signals of investment profitability in the global water industry

Roca, Eduardo; Tularam, Gurudeo Anand; Reza, Rajibur

doi:10.1504/ijw.2015.072155

Cited by 15 publications

(22 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Compounding rainfall fluctuation will be the anticipated effects of climate change that will cause more challenges that are yet to be seen. For instance, this may include sudden and large increase in rainfall fluctuations and distribution in the SSA region, creating natural disasters such as floods and droughts have been noted [2,6,35,36]. For instance, annual rainfalls in Sierra Leone, Liberia, Seychelles and Mauritius may reach 2000 mm/yr [34].…”

Section: Applications In Water Systems Management and Modelingmentioning

confidence: 99%

“…Economic activities, agricultural development and environmental systems could only exist when there is water available to them [4][5][6][7][8]. Nelson Mandela said "Among the many things that I learnt as president was the centrality of water in the social, political and economic affairs of the country, the continent and the world" [9,6,10]. Lack of the necessary water infrastructure appears to be a major challenge faced in the developing countries, particularly those in SSA [11].…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

The Effects of Climate Change on Rural-Urban Migration in Sub-Saharan Africa (SSA)—The Cases of Democratic Republic of Congo, Kenya and Niger

Hassan¹,

Tularam²

2018

Applications in Water Systems Management and Modeling

Self Cite

View full text Add to dashboard Cite

Water is essential for the existence of living organisms including humans. Water is needed in farms to grow crops, firms and manufacturing industry to produce products and services. This chapter examines water resources availability and management in Sub-Saharan Africa (SSA) in climate change perspective using vector auto-regression (VAR) time series analysis. Water is known to be unevenly distributed among countries and continents around the world, particularly in Sub-Sahara Africa; the water availability varies between member countries and regions in the individual country, water supply systems experience enormous pressure to make water accessible to people in both rural and urban communities. Water security remains to be an integral part of the SSA's effort to achieve food security and supply, halve poverty and eradicate hunger. This chapter more importantly aims to investigate impact of rainfall and temperature issues--that are climate change proxy variables--on water security and people movement in three SubSaharan African countries that are Democratic Republic of Congo, Kenya and Niger. This article assesses some possible causes of migration from rural to urban area using VAR and granger causality tests; this process involves four variables namely Rural Migration 'MR', Urban Migration 'MU', Rainfall 'Rain' and Temperature 'Temp'. The model predicts rainfall and temperature across 10 years and examines how these changes impact water availability and people movement in relevant countries. This study finds that some countries are experiencing water security challenges upon which large numbers migrate to urban areas. The study reveals that variations in rainfall and temperature have compounded people movements from rural areas. It is noted that the agricultural production in SSA have not improved over time and in fact, it has further decreased due to the move away from rural areas by many farmers.

show abstract

Section: Applications In Water Systems Management and Modelingmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

The Effects of Climate Change on Rural-Urban Migration in Sub-Saharan Africa (SSA)—The Cases of Democratic Republic of Congo, Kenya and Niger

Hassan¹,

Tularam²

2018

Applications in Water Systems Management and Modeling

Self Cite

View full text Add to dashboard Cite

show abstract

“…Pakistan, and much of Africa (Jin et al, 2015b; Organisation for Economic Co-operation & Development, 2009;Roca et al, 2015;Tularam & Illahee, 2008;Tularam & Marchisella, 2014;Wild, Francke, Menzli, & Schon, 2007).…”

Section: Public Interest Statementmentioning

confidence: 99%

“…The potential impacts of climate change on water availability and related impact on global agriculture will compound the existing problems of water availability. However, the urgently developing interfaces in many countries including much needed trade liberalizations together appear to present much important information on the values, benefits, and costs of investing in water (Roca et al, 2015;Tularam, 2014).…”

Section: Public Interest Statementmentioning

confidence: 99%

“…Water covers about two-thirds of the earth's surface (Roca & Tularam, 2012;Tularam & Marchisella, 2014). Recent statistics suggest that more than 2.6 billion people of the world are living with lack of adequate water for drinking (Jin, Roca, Li, Wong, & Cheung, 2015a;Roca, Tularam, & Reza, 2015;Tularam & Marchisella, 2014) and the number has been increasing daily in that 3.9 billion persons could be reached by 2030 (Jin, Li, Roca, & Wong, 2015b; Organisation for Economic Cooperation & Development, 2008;Roca et al, 2015). Presently, more than one billion people are in acute drinking water availability problems in many developing countries including Bangladesh,…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

Water exchange traded funds: A study on idiosyncratic risk using Markov switching analysis

Tularam

Reza

2016

Cogent Economics & Finance

Self Cite

View full text Add to dashboard Cite

Abstract:We investigate the relationship between idiosyncratic risk and return among four water exchange traded funds-PowerShares Water Resources Portfolio, Power Shares Global Water, First Trust ISE Water Index Fund, and Guggenheim S&P Global Water Index ETF using the Markov switching model for the period 2007-2015. The generated transition probabilities in this paper show that there is a high and low probability of switching between Regimes 1 and 3, respectively. Moreover, we find that the idiosyncratic risk for most of the exchange traded funds move from low volatility (Regime 2) to very low volatility (Regime 1 and 3). Our study also identify that the beta coefficients are positive and entire values are less than 1. Thus, it seems that water investment has a lower systematic risk and a positive effect on the water exchange traded index funds returns during different regimes.

show abstract

Water Security Problems in Asia and Longer Term Implications for Australia

Tularam

Murali

2014

Sustainable Water Use and Management

View full text Add to dashboard Cite

Fundamental signals of investment profitability in the global water industry

Cited by 15 publications

References 0 publications

The Effects of Climate Change on Rural-Urban Migration in Sub-Saharan Africa (SSA)—The Cases of Democratic Republic of Congo, Kenya and Niger

The Effects of Climate Change on Rural-Urban Migration in Sub-Saharan Africa (SSA)—The Cases of Democratic Republic of Congo, Kenya and Niger

Water exchange traded funds: A study on idiosyncratic risk using Markov switching analysis

Water Security Problems in Asia and Longer Term Implications for Australia

Contact Info

Product

Resources

About