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id	eprints-8280
recordtype	eprints
institution	SOAS, University of London
collection	SOAS Research Online
language	English
language_search	English
description	Despite the long tradition established by the Heckscher-Ohlin (H-O) theorem and copious literature on the so-called Leontief Paradox, economists have not methodically linked the Middle East and North Africa (MENA) region's well-known water-scarcity problem to its mounting food imports. This paper first reinterprets the factor endowments and comparative advantage theory in the MENA context, suggesting that the 'virtual water' (VW) hypothesis, focusing on water embedded in commodities, is in line with the H-O model's tenet that 'trade in commodities is an indirect way of trade in factors of production'. Second, findings using comparative cross-section regression analysis for 100 countries appear to vindicate the VW hypothesis that the import structures for water-deficit areas are dominated by large food/agricultural imports. The study ends with a discussion of the policy and political economy implications of the hypothesis in the light of our empirical findings.
format	Journal Article
author	Hakimian, Hassan
author_facet	Hakimian, Hassan
authorStr	Hakimian, Hassan
author_letter	Hakimian, Hassan
title	Water Scarcity and Food Imports: An Empirical Investigation of the “Virtual Water” Hypothesis in the MENA Region
publisher	Taylor and Francis
publishDate	2003
url	https://eprints.soas.ac.uk/8280/