Agricultural Trade and Freshwater Resources

Jeffrey Reimer

No 123944, 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington from Agricultural and Applied Economics Association

Abstract: Approximately 75% of all water used by humans goes towards food production, much of which is traded internationally. This study formally models how this works in the case of crop agriculture, making use of recent advances in international trade theory and new data on the productivity by which countries use water for crop agriculture. The strength of the model lies in its ability to predict, when there is a shock to the system, how trade between pairs of specific countries changes for products that use water intensively. In one application of the model, international trade in final products is shown to be a means for countries to deal with short- and long-run shocks to water resources that are too big for one country to handle by itself in isolation. In a second application of the model, trade liberalization is shown to be a means for conserving water at the global level, as production shifts to regions where it is of greater abundance.

Keywords: Agricultural and Food Policy; Crop Production/Industries; International Development; International Relations/Trade; Resource/Energy Economics and Policy (search for similar items in EconPapers)
Pages: 2
Date: 2012
New Economics Papers: this item is included in nep-agr and nep-env
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/123944/files/R ... and_trade_poster.pdf (application/pdf)

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:ags:aaea12:123944

DOI: 10.22004/ag.econ.123944

Access Statistics for this paper

More papers in 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().