Conflicting Drivers of Virtual Water Trade: A Review Based on the “Virtual Water Concept”

Golden Odey (), Bashir Adelodun, Sang Hyun Kim () and Kyung Sook Choi
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Golden Odey: Department of Agricultural Civil Engineering, Kyungpook National University, Daehak, Buk, Daegu, Republic of Korea
Bashir Adelodun: Department of Agricultural Civil Engineering, Kyungpook National University, Daehak, Buk, Daegu, Republic of Korea†Department of Agricultural and Biosystems Engineering, University of Ilorin, P.M.B. 1515, Ilorin, Nigeria
Sang Hyun Kim: Department of Agricultural Civil Engineering, Kyungpook National University, Daehak, Buk, Daegu, Republic of Korea
Kyung Sook Choi: Department of Agricultural Civil Engineering, Kyungpook National University, Daehak, Buk, Daegu, Republic of Korea‡Institute of Agricultural Science & Technology, Kyungpook National University, Daehak, Buk, Daegu, Republic of Korea

Water Economics and Policy (WEP), 2021, vol. 07, issue 03, 1-25

Abstract: The virtual water concept has been largely applied in the study of regional, national, and global water flows with particular emphasis on water endowment. Despite water traditionally being managed locally, certain forces (drivers) influence the local water resource availability and hence virtual water exchanges. This study reviews available literature to determine those drivers and their influence on virtual water exchanges. Studies show that the drivers are numerous, and there exist several available literatures providing controversial results leading to a high level of uncertainty in the determination of their relative significance. Possible reasons for the contradicting results are discussed and suggestions made.

Keywords: Water endowment; virtual water trade; environmental and socioeconomic drivers; trade determinants (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1142/S2382624X21500119

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