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cc by (c) Frutos Cachorro, Julia de et al., 2025
Si us plau utilitzeu sempre aquest identificador per citar o enllaçar aquest document: https://hdl.handle.net/2445/226494

Natural Resource Management Under Increasing Scarcity and Competition: The Case of Groundwater

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This study examines natural resource management under competing heterogeneous users, climate-induced stress, and usage restrictions. We focus on groundwater, an essential resource for water-dependent activities increasingly threatened by climate change. We introduce a declining recharge in a dynamic game to represent increasing water scarcity, along with a restriction policy that limits non-priority use to prevent overexploitation. The results show that targeted restrictions can improve long-term resource levels and total welfare compared to unregulated and abundant scenarios. However, these benefits come at the expense of the non-priority sector, revealing a trade-off between sustainability and equity.

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FRUTOS CACHORRO, Julia de, MAÑÓ CABELLO, Carles, MARÍN SOLANO, Jesús. Natural Resource Management Under Increasing Scarcity and Competition: The Case of Groundwater. _The BE Journal of Economic Analysis & Policy_. 2025. Vol. 26, núm. 1, pàgs. 349-361. [consulta: 2 de febrer de 2026]. ISSN: 1935-1682. [Disponible a: https://hdl.handle.net/2445/226494]

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