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EconWEAP
The paper introduces EconWEAP, a model that integrates the State Wide Economic Agricultural Production Model (SWAP) and the Water Evaluation and Planning (WEAP) system to better reflect physical and behavioral responses to climate change. By using a step function approximation of water demand curves from SWAP within an iterative search process, the model estimates crop land allocation based on economic value and water availability. Application of EconWEAP to California's Central Valley demonstrated a significant increase in agricultural revenues compared to using WEAP alone, achieved through the economically optimal allocation of water while maintaining the same hydrology.
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Document type: Research paper