The Global Economics of Water: Is Water a Source of Comparative Advantage?
2014 ◽
Vol 6
(2)
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pp. 32-48
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Keyword(s):
With newly available data, I investigate to what extent countries' international trade exploits the very uneven water resources on a global scale. I find that water is a source of comparative advantage and that relatively water abundant countries export more water-intensive products. Additionally, water contributes significantly less to the pattern of exports than the traditional production factors labor and physical capital. This suggests relatively moderate disruptions to overall trade on a global scale due to changing precipitation in the wake of climate change. (JEL F14, O13, O19, Q15, Q25, Q54)
2021 ◽
Keyword(s):
2010 ◽
Vol 7
(5)
◽
pp. 7485-7519
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Keyword(s):
2014 ◽
Vol 13
(4)
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pp. 881-889
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Keyword(s):