2016
DOI: 10.3390/economies4030019
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Socio-Economic Implications of Drought in the Agricultural Sector and the State Economy

Abstract: Abstract:In 2011, the most severe drought in Texas history caused $7.62 billion in losses in the agricultural sector alone. This paper analyzes ripple effects of the 2011 drought in Texas agriculture on the entire state economy retrospectively in an effort to foster discussion on targeted mitigation measures in the long term. By using an Input-Output and social accounting matrix model, direct effects on livestock, cotton, sorghum, wheat, corn, hay, and timber production, as well as indirect effects on other re… Show more

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Cited by 39 publications
(29 citation statements)
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References 24 publications
(25 reference statements)
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“…However, the 2011 Texas drought was the worst 1-yr drought in Texas history and caused $7.62 billion in losses in the agricultural sector alone (Guerrero, 2012). By October 2011, more than 90% of the state was under exceptional drought conditions (Ziolkowska, 2016).…”
mentioning
confidence: 99%
“…However, the 2011 Texas drought was the worst 1-yr drought in Texas history and caused $7.62 billion in losses in the agricultural sector alone (Guerrero, 2012). By October 2011, more than 90% of the state was under exceptional drought conditions (Ziolkowska, 2016).…”
mentioning
confidence: 99%
“…The actual output is a number, a multiplier, called a ''response coefficient'' that captures the size of the effects of a grant's infusion of funds in the economy, in this case, per US $1 million spent. The model has been used in natural resources fields including forestry (He et al 2016;Daniels et al 2018), outdoor recreation (Guo et al 2017;Hjerpe 2018), the economic implications of drought (Ziolkowska 2016), and to estimate the size of the ''restoration economy'' (BenDor et al 2015) and is considered a standardized metric used across federal departments (NRCS no date).…”
Section: Measuring the Value Of A Public Conservation Program: Findinmentioning
confidence: 99%
“…The World Meteorological Organization defines drought somewhat broadly as an insidious natural hazard characterised by lower than expected or lower than normal precipitation that, when extended over a season or longer period of time, is insufficient to meet the demands of human activities and the environment (WMO, 2006; Parry et al ., ; West et al ., ). The concept of drought therefore depends on the perspective of the water resource user, and it can generally be classified into four types: meteorological (1–3 months), defined on the basis of rainfall deficiency; agricultural (1–6 months), when soil moisture is insufficient and results in a lack of crop growth and production; hydrological (6–24 months), when there is a lack of water in the hydrological system; and socio‐economic, when the demand for water exceeds the supply (Kendon et al ., ; Van Loon, ; Ziolkowska, ).…”
Section: Introductionmentioning
confidence: 98%