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Conflicting Drivers of Virtual Water Trade: A Review Based on the “Virtual Water Concept”

Author

Listed:
  • Golden Odey

    (Department of Agricultural Civil Engineering, Kyungpook National University, Daehak, Buk, Daegu, Republic of Korea)

  • Bashir Adelodun

    (Department of Agricultural Civil Engineering, Kyungpook National University, Daehak, Buk, Daegu, Republic of Korea†Department of Agricultural and Biosystems Engineering, University of Ilorin, P.M.B. 1515, Ilorin, Nigeria)

  • Sang Hyun Kim

    (Department of Agricultural Civil Engineering, Kyungpook National University, Daehak, Buk, Daegu, Republic of Korea)

  • Kyung Sook Choi

    (Department of Agricultural Civil Engineering, Kyungpook National University, Daehak, Buk, Daegu, Republic of Korea‡Institute of Agricultural Science & Technology, Kyungpook National University, Daehak, Buk, Daegu, Republic of Korea)

Abstract

The virtual water concept has been largely applied in the study of regional, national, and global water flows with particular emphasis on water endowment. Despite water traditionally being managed locally, certain forces (drivers) influence the local water resource availability and hence virtual water exchanges. This study reviews available literature to determine those drivers and their influence on virtual water exchanges. Studies show that the drivers are numerous, and there exist several available literatures providing controversial results leading to a high level of uncertainty in the determination of their relative significance. Possible reasons for the contradicting results are discussed and suggestions made.

Suggested Citation

  • Golden Odey & Bashir Adelodun & Sang Hyun Kim & Kyung Sook Choi, 2021. "Conflicting Drivers of Virtual Water Trade: A Review Based on the “Virtual Water Concept”," Water Economics and Policy (WEP), World Scientific Publishing Co. Pte. Ltd., vol. 7(03), pages 1-25, July.
  • Handle: RePEc:wsi:wepxxx:v:07:y:2021:i:03:n:s2382624x21500119
    DOI: 10.1142/S2382624X21500119
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    Cited by:

    1. Seul-gi Lee & Bashir Adelodun & Mirza Junaid Ahmad & Kyung Sook Choi, 2022. "Multi-Level Prioritization Analysis of Water Governance Components to Improve Agricultural Water-Saving Policy: A Case Study from Korea," Sustainability, MDPI, vol. 14(6), pages 1-18, March.

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