126802 20241125101141.0 doi 10.1016/j.ecolecon.2023.107904 sideral 134181 ART-2023-134181 eng Ortuzar, Iban Macroeconomic impacts of water allocation under droughts. Accounting for global supply chains in a multiregional context 2023 Access copy available to the general public Unrestricted Water allocation policies play a key role in determining the impact of drought events on the macroeconomic system. Economic agents may find it difficult to modify their production structure immediately, and will therefore try to maintain current production and commercial patterns. The study takes this behavior into account and combines a Multi-Regional Input-Output model with a Non-Linear Programming optimization model to assess the macroeconomic impacts of localized droughts on a global scale. It analyses their propagation through interconnected supply chains, and it also evaluates the implications of different water allocation policies in terms of GDP impacts, with a large regional and sectoral detail. Our results show that the policy-regime chosen greatly determines the extent of the economic impacts, both in the directly affected region and in third countries. When the drought affects only agriculture, that negative economic impacts can be mitigated by adjusting production and trade. In contrast, when water availability is reduced uniformly across all economic sectors in the drought-stricken region, economic losses spread across the globe. info:eu-repo/grantAgreement/ES/MCIU/FPU20-00182 info:eu-repo/grantAgreement/ES/MICINN/AEI/PID2020-118268RB-I00 info:eu-repo/semantics/openAccess by-nc-nd http://creativecommons.org/licenses/by-nc-nd/3.0/es/ 6.6 2023 ECOLOGY 10 / 197 = 0.051 2023 Q1 T1 ENVIRONMENTAL STUDIES 20 / 182 = 0.11 2023 Q1 T1 ECONOMICS 25 / 600 = 0.042 2023 Q1 T1 ENVIRONMENTAL SCIENCES 47 / 358 = 0.131 2023 Q1 T1 1.983 2023 Environmental Science (miscellaneous) 2023 Q1 Economics and Econometrics 2023 Q1 12.0 2023 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Serrano, Ana Universidad de Zaragoza (orcid)0000-0001-6991-7915 Xabadia, Àngels 4000 415 Universidad de Zaragoza Dpto. Análisis Económico Área Fund. Análisis Económico 211 (2023), 107904 [14 pp.] Ecol. econ. ECOLOGICAL ECONOMICS 0921-8009 2226917 http://zaguan.unizar.es/record/126802/files/texto_completo.pdf Versión publicada 2767173 http://zaguan.unizar.es/record/126802/files/texto_completo.jpg?subformat=icon icon Versión publicada oai:zaguan.unizar.es:126802 articulos driver 2024-11-22-12:02:45 ARTICLE