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...

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...

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...