eprintid: 7679
rev_number: 23
eprint_status: archive
userid: 1903
dir: disk0/00/00/76/79
datestamp: 2011-06-29 09:56:51
lastmod: 2016-04-20 16:45:14
status_changed: 2011-06-29 09:56:51
type: conference_item
metadata_visibility: show
item_issues_count: 0
creators_name: Garrido Colmenero, Alberto
creators_name: Gil Sevilla, Marina
creators_name: Gomez Ramos, Almudena
title: Disentangling the social, macro and micro-economic effects of agricultural droughts: An application to Spanish irrigated agriculture
ispublished: pub
subjects: agricultura
subjects: economia
keywords: Droughts – Socio-economic impacts – Irrigation – Farm economy.
abstract: Droughts affect irrigated agricultural production, reducing economic output and creating social  stress. The economic consequences of droughts begin at the farm level, reaching the macro level along the  production chain value. To the extent that crop markets adjust to the supply shocks and because droughts  do not affect all sectors at the same time and with the same severity, it is instructive to conduct economic  evaluations of drought effects at both micro- and macro-economic levels. The objective of this paper is to  estimate the impact of water availability variations on the crops’ market values, the total value added of the  agricultural sector and farm employment. We run regression models for these three economic variables and  14 provinces in Spain, comprising more than 50% of the Spanish irrigated area. Results show that the  macro economic variables are only sensitive to water availability in the provinces where aridity and water  stress are more severe. The value of the harvests obtained in irrigated land is largely explained by water  availability. The time trend explains the largest percentage of variance of the three economic variables,  including micro and macro.
date: 2010
date_type: published
publisher: Instituto Agronómico Mediterráneo
official_url: http://www.iamz.ciheam.org
full_text_status: public
pres_type: paper
volume: 95
place_of_pub: Zaragoza, España
event_title: Second International Conference on Drought Management
event_location: Estambul, Turquía
event_dates: 03/05/2010 - 05/05/2010
event_type: conference
institution: Agronomos
department: Economia
refereed: TRUE
isbn: 2-85352-441-8
book_title: Economics of drought and drought preparedness in a climate change context :proceedings of the Second International Conference on Drought Management
rights: by-nc-nd
citation:   Garrido Colmenero, Alberto and Gil Sevilla, Marina and Gomez Ramos, Almudena  (2010).  Disentangling the social, macro and micro-economic effects of agricultural droughts: An application to Spanish irrigated agriculture.  In: "Second International Conference on Drought Management", 03/05/2010 - 05/05/2010, Estambul, Turquía. ISBN 2-85352-441-8.    
document_url: https://oa.upm.es/7679/2/INVE_MEM_2010_78283.pdf