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Water rights trading volume (WRTV) is an integral part of an effective transaction. At present, in China, WRTV is mostly based on the water demand of the transferee, not the transferor. Some transactions last for a long time, yet lack proper measures to adjust trading volume, making theoretical and quantitative studies on WRTV necessary and essential. Therefore, based on the theory of property rights, this study first analyzed the concept of WRTV, and proposed that WRTV must consider the tradable water volume (TWV) of the transaction parties. For that, this paper divided water rights trading into two stages: initial stage and operation stage, to analyze how to measure WRTV in different stages. Second, currently, industry or sector is a major player of water rights trading. TWV of industry is, hence, the difference between the initial water rights volume (IWRV) and water demand of industry, significant for calculating WRTV in different stages. For that, this study employed the ratio method to calculate the IWRV of industry, and the Grey Model—GM (1,1) to predict the water demand of industry. Last, this paper carried out a case study on the inter-league and inter-city water rights trading between Bayannur city and Ordos city in Inner Mongolia, China. Results show that the TWV of industry of Bayannur and Ordos in 2030 are – 904.966 million m3 and − 87.135 million m3 respectively, implying insufficient TWV for the transferee, which may lead to transaction breakdown. The theory and calculation method of WRTV proposed in this study lay a theoretical foundation for WRTV measurement, and can help facilitate the orderly development of water rights trading in China. [Display omitted] • The volume of water rights should be considered the tradable water volume of the transaction subjects at the same time. • The impact of the change of the tradable water volume on the water rights transaction volume is analyzed. • The change of water rights trading volume has a great impact on trading, and even leads to the transaction rupture. • Forecasting the trading volume of water rights between Bayannur city and Ordos city in Inner Mongolia of China in 2030. [ABSTRACT FROM AUTHOR]

Water, energy and food (WEF) are three basic elements that safeguard human life and socioeconomic development. As the demand for water increases in food and energy production, water scarcity is more prominent globally. WEF Nexus plays an important role in evaluating and alleviating the contradiction between food and energy for water. Based on the water footprint of food and energy in China from 1997 to 2016, this paper used the "Structure-Conduct-Performance" analysis paradigm to evaluate the water competition mechanism. The newly constructed competition mechanism model includes type, conduct and performance. The results showed that the blue water footprint of energy increased from 3.25 Gm³ in 1997 to 12.54 Gm³ in 2016. The blue water footprint of food remained above 200 Gm³ for many years, and competition between food and energy production for water was intensifying. The gray water footprint of energy was increasing yearly, and food reached the maximum value of 181.01 Gm³ in 2014. Through model analysis, the South-to-North Water Diversion has not effectively alleviated water scarcity, and a few provinces were still classified in the water pressure-dominated area. The northern channel of West-to-East Power Transmission only transferred electric energy from water pressure-dominated area, causing the unsustainability coefficients of Inner Mongolia and Yunnan to increase from 0.09 and 0.03 in 1997 to 0.23 and 0.05 in 2016. This paper provides effective policy insights for global challenges facing WEF Nexus from the source, process and end of food and energy production. [Display omitted] • The WEF Nexus internal competition mechanism is evaluated by constructing a model. • The model analysed dominant factor, driving mechanism and feedback effect of competition. • The increasing energy water footprint yearly makes water security more prominent. • This study finds that water scarcity has not been effectively alleviated in China. • Many measures provide policy insights into global challenges facing WEF Nexus. [ABSTRACT FROM AUTHOR]