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2021 | OriginalPaper | Buchkapitel

10. The Italian Virtual Water Trade and Water Footprint of Agricultural Production:Trends and Perspectives

verfasst von : Stefania Tamea, Marta Antonelli, Elena Vallino

Erschienen in: Water Law, Policy and Economics in Italy

Verlag: Springer International Publishing

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Abstract

The purpose of this chapter is to contribute to the knowledge about the water-food-trade nexus in Italy by introducing the concepts of water footprint and virtual water trade. Virtual water is the water “embedded” in the production of agricultural and industrial goods and services, whereas virtual water trade refers to the exchange of such embedded water that takes place as a result of the international commodity trade. The chapter aims at outlining the Country’s green and blue water footprint of agricultural production, as well as providing a comprehensive overview of virtual water trade embedded in the agricultural commodity trade, over the period 1985–2016. The quantitative analyses are complemented by a policy-relevant discussion detailing the practical causes and implications of the results.

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Fußnoten
1
A detailed description of Italy’s water resources is provided by Benedini and Rossi in Chap. 1 of this volume.
 
2
The Gross Production Index is obtained with production quantities of each commodity weighted by 2004–2006 average international commodity prices in International Dollars and summed for each year. To obtain the index, the aggregate for a given year is divided by the average aggregate for the base period 2004–2006 (FAO 2018).
 
3
The Producer Price Index measures the average annual change over time in the selling prices received by farmers (prices at the farm-gate or at the first point of sale). The indices are constructed using the Laspeyres formula with price data in Standardised Local Currency (FAO 2018).
 
4
The 2010–2012 peak in food prices was due to diverse factors. An increase in oil prices led to increased production of corn for ethanol. Rise in global population jointly with changes in dietary habits increased the cultivation of corn for animal feed. The consequent decrease in supply of cereals for human consumption led to a peak in its prices (Coulibaly 2013).
 
5
The Export Quantity and Export Value Indices represent the changes in the price-weighted sum of quantities and of values of agricultural products traded between countries. The weights are the unit value averages of 2004–2006. These indices are calculated using a Laspeyres-type formula with price data in International Dollars (FAO 2018).
 
6
For further information on the WFD, see Part IV of this volume.
 
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Metadaten
Titel
The Italian Virtual Water Trade and Water Footprint of Agricultural Production:Trends and Perspectives
verfasst von
Stefania Tamea
Marta Antonelli
Elena Vallino
Copyright-Jahr
2021
DOI
https://doi.org/10.1007/978-3-030-69075-5_10