Stochastic rainfall models have been widely used for hydrological modelling and climate change impact studies, the accuracy of which can substantially affect the reliability of water resources planning, hydraulic structure design and flood and drought risk assessment. The primary objective of this study is to develop a stochastic daily rainfall model through coupling a Markov chain model with a rainfall event model (SDRM-MCREM) to simultaneously preserve the statistical properties of rainfall time series and rainfall events. The newly developed model is applied to the Qu River basin, East China and its performance is evaluated at catchment scale. Results demonstrate that SDRM-MCREM shows a good performance in reproducing most of the rainfall time-series statistics (i.e. rainfall percentiles, average monthly and annual rainfall, inter-monthly rainfall variability and extreme rainfall) and rainfall event characteristics (i.e. distributions of wet and dry spells, occurrence frequency of different rainfall event classes, temporal rainfall patterns and their occurrence frequency in different rainfall event classes). The statistics of average runoff and extreme runoff are also well preserved by using the SDRM-MCREM simulations as input of hydrological modelling except that the interannual variability of rainfall and runoff is slightly underestimated. Moreover, SDRM-MCREM shows a great potential to be used for flood and drought risk assessment in reproducing the exceedance probabilities of high flows (e.g. annual maximum 1-day, 3-day and 5-day mean runoff) and low flows (e.g. annual minimum 7-day, 30-day and 90-day mean runoff).
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