EconPapers    
Economics at your fingertips  
 

Rethinking the Concepts of Virtual Water and Water Footprint in Relation to the Production–Consumption Binomial and the Water–Energy Nexus

Esther Velázquez (), Cristina Madrid-López () and María Beltrán

Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA), 2011, vol. 25, issue 2, 743-761

Abstract: In the field of Ecological Economics, the need of using physical indicators to analyse economic processes, at the same time they serve as tools in decision making, has been lately highlighted. Virtual Water (VW) and Water Footprint (WF) are two useful indicators in achieving this objective, the first one from the perspective of production, the second one from that of consumption. This difference between them is interesting inasmuch as it allows to identify the subjects who are responsible for water consumption, whether producers or consumers, and proves both indicators’ potential when designing water management policies. In this work, we consider a hypothesis according to which there is a clear difference between the two concepts—Virtual Water and Water Footprint—and this difference, although evident in their respective conceptualizations, is not reflected in their estimations and applications. This is true to the point that the two concepts are often used as synonyms, thus wasting the enormous potential associated to their difference. Starting from this hypothesis, our objective is, first of all, to highlight this evident but ignored difference between VW and WF through a deep and thorough literature review of the conceptual definitions and contributions, the methodologies developed and the applications made regarding the two concepts. Second, we intend to make a conceptual and methodological proposition aimed at underlining the differences already mentioned and to identify responsibilities in water consumption. We do it by broadening the context of analysis and by integrating the production–consumption binomial and water–energy nexus. Copyright Springer Science+Business Media B.V. 2011

Keywords: Virtual water; Water footprint; Water management; Water and energy nexus (search for similar items in EconPapers)
Date: 2011
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (13)

Downloads: (external link)
http://hdl.handle.net/10.1007/s11269-010-9724-7 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:waterr:v:25:y:2011:i:2:p:743-761

Ordering information: This journal article can be ordered from
http://www.springer.com/economics/journal/11269

DOI: 10.1007/s11269-010-9724-7

Access Statistics for this article

Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA) is currently edited by G. Tsakiris

More articles in Water Resources Management: An International Journal, Published for the European Water Resources Association (EWRA) from Springer, European Water Resources Association (EWRA)
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-20
Handle: RePEc:spr:waterr:v:25:y:2011:i:2:p:743-761