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Virtual water and input-output model framework: an alternative way to assess trade and water consumption in FYR Macedonia

Jordan Hristov, Aleksandra Martinovska-Stojcheska and Yves Surry

No 182985, 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia from European Association of Agricultural Economists

Abstract: This study aims to analyse the water consumption of the Macedonian economic sectors and their trade strategies by means of virtual water in an input-output (IO) framework. By analysing the trade balance we determine that as consequence of high virtual water content and significant exports of some sectors, Macedonia is a net exporter of virtual water and lost around 124 million of m3 water at 2005 level or 18% of the total water consumption. Considering a policy option of export nullification for the most water-intensive products with significant net positive exports, yields a substantial water savings by 42.53% of the total water consumption.

Keywords: Research; Methods/; Statistical; Methods (search for similar items in EconPapers)
Pages: 6
Date: 2014-08
New Economics Papers: this item is included in nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae14:182985

DOI: 10.22004/ag.econ.182985

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