Multivariate modeling of flood characteristics using Vine copulas

Vine copulas provide a great deal of flexibility in modeling complex dependence structures between the variables. In spite of its importance, very limited attention has been paid in hydrology field. In the present study, multivariate modelling of flood characteristics was performed using traditional Archimedean and Elliptical and Vine copulas. In the first phase, flood characteristics [peak (Q), volume (V) and duration (D)] were computed from daily streamflow of 18 stations located in the Euphrates River Basin, Turkey. Based on various model selection criteria, the gamma and Weibull distributions forQseries, the logistic and generalized extreme value distributions forVseries and the logistic, log-logistic and generalized extreme value distributions forDseries were mostly found to be the best appropriate univariate models. In the second phase, the considered copulas were evaluated for modeling joint distribution of floodQ-V-Dtriplets at each station. On evaluating their performance by various copula selection methods, graphical procedures and tail dependence analysis, the Vine copulas have been identified as the most valid models. In last phase, conditional and joint return periods of different floodQ,VandDcombinations were estimated and the spatial distribution of the return periods were drawn using Geographic Information Systems tool.