Water is a scarce resource in Israel. With fluctuating supplies and an increasing demand, the need for using alternative water sources such as reclaimed wastewater, brackish groundwater and desalinated seawater increases. This paper investigates the economy-wide effects of a de-clining supply of...

The field of price transmission is dominated by econometric time-series analysis (PTA) and rather disconnected from analyses based on CGE models. This paper addresses how a certain degree of empirically determined price transmission can be met in a single country CGE model. We examine and...

We assess the distributional effects of the transmission of world market price shocks for the highly import dependent economy of Israel. We combine a CGE simulation with an empirical cointegration analysis for assessing the direction and extent of the connectedness of Israeli and world market...