This project addresses the critical challenge of global sustainable water resource allocation, with emphasis on water-stressed regions. The project team will create a unified spatial economic framework integrating water supply physics with economic demand models to analyze the impacts of water infrastructure on human welfare and economic growth worldwide.
Building on their previous theoretical work, the team will gather critical data, develop proof-of-concept global models, and create stakeholder-ready tools to evaluate water infrastructure investments across diverse geographical and economic contexts. This project bridges economics, hydrology, and development studies through a multidisciplinary team approach.
The team will measure success by their ability to accurately predict water demand/supply equilibria across regions, quantify welfare impacts of water infrastructure investments, and create decision-making tools that global policy and development leaders can use to optimize water resource investments.