Direct and indirect economic impacts of drought in the agri-food sector in the Ebro River basin (Spain).

Gil Sevilla, Marina and Garrido Colmenero, Alberto and Hernández-Mora Zapata, Nuria (2013). Direct and indirect economic impacts of drought in the agri-food sector in the Ebro River basin (Spain).. "Natural Hazards And Earth System Sciences", v. 3 ; pp. 2679-2694. ISSN 1561-8633. https://doi.org/10.5194/nhess-13-2679-2013, 2013..

Description

Title: Direct and indirect economic impacts of drought in the agri-food sector in the Ebro River basin (Spain).
Author/s:
  • Gil Sevilla, Marina
  • Garrido Colmenero, Alberto
  • Hernández-Mora Zapata, Nuria
Item Type: Article
Título de Revista/Publicación: Natural Hazards And Earth System Sciences
Date: 2013
ISSN: 1561-8633
Volume: 3
Subjects:
Faculty: Centro de Estudios e Investigación para la Gestión de Riesgos Agrarios y Medioambientales (CEIGRAM) (UPM)
Department: Otro
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

The economic evaluation of drought impacts is essential in order to define efficient and sustainable management and mitigation strategies. The aim of this study is to evaluate the economic impacts of a drought event on the agricultural sector and measure how they are transmitted from primary production to industrial output and related employment. We fit econometric models to determine the magnitude of the economic loss attributable to water storage. The direct impacts of drought on agricultural productivity are measured through a direct attribution model. Indirect impacts on agricultural employment and the agri-food industry are evaluated through a nested indirect attribution model. The transmission of water scarcity effects from agricultural production to macroeconomic variables is measured through chained elasticities. The models allow for differentiating the impacts deriving from water scarcity from other sources of economic losses. Results show that the importance of drought impacts are less relevant at the macroeconomic level, but are more significant for those activities directly dependent on water abstractions and precipitation. From a management perspective, implications of these findings are important to develop effective mitigation strategies to reduce drought risk exposure.

More information

Item ID: 26390
DC Identifier: http://oa.upm.es/26390/
OAI Identifier: oai:oa.upm.es:26390
DOI: 10.5194/nhess-13-2679-2013, 2013.
Official URL: http://www.nat-hazards-earth-syst-sci.net/13/2679/2013/nhess-13-2679-2013.html
Deposited by: Memoria Investigacion
Deposited on: 23 Jul 2014 17:18
Last Modified: 22 Sep 2014 11:41
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