Are we in deep water? Water scarcity and its limits to economic growth

Tiziano Distefano and Scott Kelly

Ecological Economics, 2017, vol. 142, issue C, 130-147

Abstract: Water is an important factor of production contributing both directly and indirectly to economic activity across all sectors and regions of the global economy. Water scarcity may therefore go beyond having important consequences for people, society and ecological systems but may also pose a threat to economic growth. Using the latest IPCC RCP projections and the OECD Shared Socio-Economic Pathways (SSPs) for population growth and economic output, we develop a multi-regional input-output model to estimate future demand for water resources across different countries and sectors of the global economy.

Keywords: Water scarcity; Multi-regional input-output model; Climate change; Scenarios; Supply chains; Virtual water (search for similar items in EconPapers)
JEL-codes: C67 F18 Q25 Q47 (search for similar items in EconPapers)
Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (38)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:ecolec:v:142:y:2017:i:c:p:130-147

DOI: 10.1016/j.ecolecon.2017.06.019

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