Resum:
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Water reallocation between economic agents has been –and continues to be- the subject
of a considerable amount of research. This paper proposes a method for evaluating how
water is reallocated within the economy in response to changes in final demand and
changes in the technical water needs of activities and consumers. The empirical
application, which is for the Catalan economy, shows important asymmetries in the
effects that exogenous inflows and changes in water technical requirements cause on
water reallocation. In the process of water distribution, exogenous inflows mostly
benefit agriculture and damage private consumers. On the other hand, increases in
technical water requirements have negative effects on agriculture and positive effects on
the other production activities. The results of the study suggest that agriculture is an
important activity not only in terms of water distribution but also in terms of water
reallocation due to changes in final demand and technical water needs.
Keywords: Water reallocation, water distribution, exogenous shock, technical water
needs. |