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On the Economics of Virtual Water Trade



This is the author's peer-reviewed final manuscript, as accepted by the publisher. The published article is copyrighted by Elsevier and can be found at: http://www.journals.elsevier.com/ecological-economics/.Virtual water trade is increasingly recognized as a useful metaphor for thinking about freshwater resources in an international context. Its legitimacy in terms of economic theory has been questioned by a number of authors, however. In this article I develop new theoretical results that place the virtual water concept on a firm economic foundation, and which correct several misconceptions within the existing literature on virtual water economics

Topics: International trade, Water
Publisher: Elsevier
Year: 2012
DOI identifier: 10.1016/j.ecolecon.2012.01.011
OAI identifier: oai:ir.library.oregonstate.edu:1957/36147
Provided by: ScholarsArchive@OSU

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