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Published in:
Not All Drops of Water Are the Same Read chapter Read first chapter

2015 | OriginalPaper | Chapter

An Economic Approach to Water Scarcity

Author : Antonio Massarutto

Published in: The Water We Eat

Publisher: Springer International Publishing

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Abstract

A limitation—but also an advantage, depending on the viewpoint—of economic evaluation is to refrain from any a priori criteria, value judgments and ethical parameters.

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Footnotes
1
This threshold is based on the Falkenmark and Lindth index, proposed in 1976 and adopted by the United Nations and the main multilateral institutions such as the OECD and the World Bank. (see, e.g. the OECD (2008)).
 
2
The internal water footprint is an indicator of the consumption of internal water resources in a delineated geographical area over a given period of time. It is different to the external water footprint which refers, instead, to the consumption of water resources originating from other countries (Hoekstra et al. 2011).
 
Literature
Hoekstra, A. Y., Chapagain, A. K., Aldaya, M. M., & Mekonnen, M. M. (2011). The water footprint assessment manual: Setting the global standard. London: Earthscan.
IRSA-CNR. (1999). Un futuro per l’acqua in Italia, Quaderni di ricerca IRSA-CNR, n. 109, Rome.
Massarutto, A., & de Carli, A. (2009). I costi economici della siccità: il caso del Po. Economia della fonti di energia e dell’ambiente, LII(2), 123–143.
Massarutto, A., & Graffi, M. (2012). Optimal strategies for managing drought vulnerability in water-rich contexts: Evidence from Fruili-Venezia Giulia, DIES working paper in economics, University of Udine (to be published).
OECD. (2008). Environmental outlook to 2030. Paris: OECD.
Metadata
Title
An Economic Approach to Water Scarcity
Author
Antonio Massarutto
Copyright Year
2015
Book
The Water We Eat

Print ISBN: 978-3-319-16392-5

Electronic ISBN: 978-3-319-16393-2

Copyright Year: 2015

DOI
https://doi.org/10.1007/978-3-319-16393-2_14