@article{Roson:332416,
      recid = {332416},
      author = {Roson, Roberto and Sartori, Martina},
      title = {Trade-offs in water policy: System-wide implications of  changing water availability and agricultural productivity  in the Mediterranean economies by 2050},
      address = {2013},
      pages = {20},
      year = {2013},
      note = {Presented at the 16th Annual Conference on Global Economic  Analysis, Shanghai, China},
      abstract = {We evaluate the structural consequences of water  availability scenarios in the Mediterranean, following a  bottom-up methodology. This includes an assessment of  future water availability and a general equilibrium  analysis of changes in agricultural productivity. Lower  productivity in agriculture, induced by reduced water  availability, generates negative consequences in terms of  real income and welfare. The magnitude of the loss depends  on the amount of the productivity shock, but also on the  share of agricultural activities in the economy and on the  stringency of the environmental regulation. Our results  suggest that countries in Middle East and North Africa  could respond to increasing water scarcity by accepting, to  some extent, lower environmental quality (deterioration of  aquatic environments). Furthermore, improvements in water  efficiency appear to curb the economic impact of water  scarcity quite significantly, especially for northern  Mediterranean countries.},
      url = {http://ageconsearch.umn.edu/record/332416},
}