We evaluate the structural consequences of water availability scenarios in the Mediterranean, following a multidisciplinary approach and a sequential modelling methodology. This includes an assessment of future water availability and a general equilibrium macroeconomic analysis of changes in...

This paper deals with the construction, decomposition and comparison of water footprint time series in 40 countries and one aggregate macro-region, in the period 1995-2009. The analysis of the different “footpaths” allows us to investigate on the possible causes behind the time evolution of...

Relatively small sectoral productivity shocks could lead to sizable macroeconomic variability. Whereas most contributions in the literature analyze the issue of aggregate sensitivity using simple general equilibrium models, a novel approach is proposed in this paper, based on stochastic...

Relatively small sectoral productivity shocks could lead to sizable macroeconomic variability. Whereas most contributions in the literature analyze the issue of aggregate sensitivity using simple general equilibrium models, a novel approach is proposed in this paper, based on stochastic...

This paper deals with the construction, decomposition and comparison of water footprint time series in 40 countries and one aggregate macro-region, in the period 1995-2009. The analysis of the different “footpaths” allows us to investigate on the possible causes behind the time evolution of...

Virtual water trade refers to the implicit content of water in the production of goods and services. When trade is undertaken, there is an implicit exchange of water. Furthermore, when water gets scarce, water intensive goods become more expensive to produce and the economy compensates through...