1994
DOI: 10.1007/bf01138543
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Interdisziplin�re Umweltforschung aus �konomischer Sicht

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Cited by 5 publications
(2 citation statements)
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“…The definition of an economic good requires the existence of conditions of relative or absolute scarcity. Relative scarcity in terms of neoclassical environmental and resource economics, pioneered for water by Faber [32], is defined in terms of quantity over available water resources as when "a good is scarce in relation to other scarce goods" [33]. Absolute scarcity corresponds to purely ecological economics [34], at some regional levels where water carries opportunity costs.…”
Section: Blue and Green Water Definitionsmentioning
confidence: 99%
“…The definition of an economic good requires the existence of conditions of relative or absolute scarcity. Relative scarcity in terms of neoclassical environmental and resource economics, pioneered for water by Faber [32], is defined in terms of quantity over available water resources as when "a good is scarce in relation to other scarce goods" [33]. Absolute scarcity corresponds to purely ecological economics [34], at some regional levels where water carries opportunity costs.…”
Section: Blue and Green Water Definitionsmentioning
confidence: 99%
“…On the other hand, both resource economics, dictated by the sovereign state's economic policy, and the hydrological cycle are open systems at country level and consequently the degrees of water scarcity differ as well. In this case, as can be seen at country level in Figure 19 below, the notion of relative scarcity pioneered by Faber [616], defined in terms of quantity over available water resources as "a good is scarce in relation to other scarce goods" [617], plays a role which cannot manifest itself in a credible way at a global scale due to inequitable availability of resources. In the case of transnationally shared resources a case study of the Aral Sea [618] shows equal probability of conflict and cooperation, a matter not taken into account at global scale statistics and as a general problem it is still in the phase of suggesting a viable solution [619][620][621].…”
Section: Country Scale More Pertinent Than Globalmentioning
confidence: 99%