The aim of this paper is to analyse the regional economic impacts of a prolongedperiod of recurrent droughts. The model used for analysis is TERM-H2O, a dynamicsuccessor to the bottom-up, comparative static TERM (The Enormous RegionalModel). We concentrate on the regions of the southern...

The aim of this paper is to analyse the regional economic impacts of a prolonged period of recurrent droughts. The model used for analysis is TERM-H2O, a dynamic successor to the bottom-up, comparative static TERM (The Enormous Regional Model). We concentrate on the regions of the southern...