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The report provides a starting point for a debate on the use of irrigation subsidies in Spain, quantified using the GSI's Method for quantifying irrigation subsidies. The report found subsidies to irrigated agriculture are in the range of €900 to €1120 million per year. More than half of...
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This paper looks at the risk dimension of water markets under uncertain water supply. We model market participants` decisions under uncertainty and evaluate gains from trade under two different market arrangements. These differ in the confidence that irrigators can place in the water...
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This paper proposes an Economic Drought Management Index (EDMI) that could assist water managers to inter-temporally manage water reservoirs. The index's main appeal is that it can be easily interpreted and that encompasses in a single number hydrological processes, structural constraints, water...
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