The Effect of urbanization, population growth and climate change on the WEF nexus using an input-output analysis and econometric modelling
Date
2021
Authors
Ariyatalika, Harine
Journal Title
Journal ISSN
Volume Title
Publisher
Strathmore University
Abstract
The efficient allocation and consumption of resources has been of interest to the
economics academic community for many years, and this is mainly attributable to the
fact that, resources are a part of our everyday lives. This paper focuses on three main
resources for human development: the water, energy and food resources, and their
sustainability in today's economic systems. We utilize two modelling techniques in
this paper, the panel data approach seeks to investigate the impact of urbanization,
population growth and climate change on water demand, and the input-output
modelling approach seeks to investigate the interlinkages that exist bet\veen the WEF
sectors of China, Mexico, South Afi"ica, and Spain. Results fiĀ·om the paper suggest that
urbanization and population growth are the significant variables that contribute to
water demand, whereas the WEF Nexus interlinkages of the four countries exhibit
strong linkages between the water, energy, and food sectors. Results of this paper are
relevant to policymakers that are interested in improving either the water, energy, or
food sectors without destroying the other sectors.
Description
Submitted in partial fulfilment of the requirements for the Degree of Bachelor of Business Science in Financial Economics at Strathmore University