Water resource management is complicated in practice on account of the diverse nature of the resource and its many uses. This volume reports recent economic research on the theory, practice, and policy of water management. It is distinguished by the number and the range of the applications it...

Food production is strongly water-limited in many regions, reflecting the fact that under dry conditions the amount of water in the soil is not sufficient to sustain optimal plant growth. This paper provides a geographically explicit quantification of a) the current (1971-2000 average) blue and...