2011
DOI: 10.5194/nhess-11-643-2011
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The economic value of drought information for water management under climate change: a case study in the Ebro basin

Abstract: Abstract. Drought events in the Mediterranean are likely to increase in frequency, duration and intensity due to climate change, thereby affecting crop production. Information about drought is valuable for river basin authorities and the farmers affected by their decisions. The economic value of this information and the resulting decisions are of interest to these two stakeholder groups and to the information providers. Understanding the dynamics of extreme events, including droughts, in future climate scenari… Show more

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Cited by 38 publications
(34 citation statements)
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References 46 publications
(33 reference statements)
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“…The assessment and characterization of historical droughts has become essential in management of fresh water (Mishra and Singh, 2010), and application of the information obtained to the design of water management plans may compensate for the losses resulting from drought episodes (Quiroga et al, 2011). There is a general agreement about the need for research into streamflow droughts and regime types (Wilhite et al, 2007).…”
Section: Published By Copernicus Publications On Behalf Of the Europementioning
confidence: 99%
See 1 more Smart Citation
“…The assessment and characterization of historical droughts has become essential in management of fresh water (Mishra and Singh, 2010), and application of the information obtained to the design of water management plans may compensate for the losses resulting from drought episodes (Quiroga et al, 2011). There is a general agreement about the need for research into streamflow droughts and regime types (Wilhite et al, 2007).…”
Section: Published By Copernicus Publications On Behalf Of the Europementioning
confidence: 99%
“…This study was driven by the crucial importance of drought analysis in the IP as a consequence of the economic losses caused by droughts in this area (Iglesias et al, 2007), the rising demand for water in recent years (Albiac et al, 2003;Lorenzo-Lacruz et al, 2010), the recurrence of dry episodes that increase the vulnerability of society and the economy, and the complexity of water management in the area (Quiroga et al, 2011). …”
Section: Published By Copernicus Publications On Behalf Of the Europementioning
confidence: 99%
“…Climate change projections point to a significant decrease in average runoff [44] and suggest a hotter climate, with increases in prolonged droughts [45]. The Ebro's water resources support the irrigation of about 800 000 hectares, livestock breeding, energy production and water supplies for a sparsely populated territory (32.3 inhabitants per km 2 ).…”
Section: (B) Ebro Rivermentioning
confidence: 99%
“…In our approach, the marginal effects can be interpreted and give additional information about the growth patterns. This approach has been widely used for global analysis (Parry et al, 2004;Lobell et al, 2006), for European projections and more specifically in Spain (Iglesias and Quiroga, 2007;Quiroga and Iglesias, 2009;Quiroga et al, 2011). Table 4 shows the correlation matrix of variables and components, with the purpose of a better interpretation of this variable in the regression analysis.…”
Section: Management Variablesmentioning
confidence: 99%
“…Gomez-Limón et al (2003) present extended discussion on the analysis of agricultural risk aversion. As in Quiroga et al (2011), we consider the incorporation of several scenarios to the model that generate several information systems with different probabilities associated to the extreme event (hydrological drought). Table 6 summarizes the variables introduced in the model and the source of information for the case study considered.…”
Section: Decision Model and Risk Aversionmentioning
confidence: 99%