This page has only limited features, please log in for full access.
This paper presents an evaluation of the economic cost of precipitation shortage in the production of lamb in Extremadura. Given that the production strategy is based on maintaining a productivity target by supplementing natural pastures in contexts of water scarcity, the approach will be based on the analysis of the cost structure of the sector. A monetized cash flow model will be presented, which allows us to evaluate economic impacts through a financial perspective. The study focuses on a set of 1583 farms associated into the cooperative EA Group. These members have a total of 804,000 animals, which represents more than 40% of total sheep in Extremadura. Results shows a relation between precipitation minimums and feed quantity maximums of the series analyzed. Mayor direct impact is represented by an increase in feed supplementation needs, with an economic estimation of 54 million euros over two years for the whole sector. At the farm level, there is an average reduction of profits of 50% in the case of owned land, and bankruptcy in the case of renting land. In the context of data-driven policy making, this estimate provides a tool for European Policy funding negotiation a in sector which is considered as highly strategic because of its positive impacts on the environment, the generation of employment and maintenance of rural populations in marginal areas and for the production of high-quality food with a minimal use of natural resources.
Esteban Thomasz; Ismael Pérez-Franco; Agustín García-García. The Economic Impact of Climate Risk on Extensive Livestock: The Case of Lamb Production in Extremadura, Spain. Sustainability 2020, 12, 7254 .
AMA StyleEsteban Thomasz, Ismael Pérez-Franco, Agustín García-García. The Economic Impact of Climate Risk on Extensive Livestock: The Case of Lamb Production in Extremadura, Spain. Sustainability. 2020; 12 (18):7254.
Chicago/Turabian StyleEsteban Thomasz; Ismael Pérez-Franco; Agustín García-García. 2020. "The Economic Impact of Climate Risk on Extensive Livestock: The Case of Lamb Production in Extremadura, Spain." Sustainability 12, no. 18: 7254.
In this paper, we analyze the effects of the energy transition process on economic growth in Spain and Portugal, countries that, adhering to European Union (EU) directives, opted to promote clean energies from the very start. On the one hand, we look at the energy transition laws introduced by the EU and other countries. On the other, we conduct a causal analysis of energy consumption and economic growth to confirm whether the change of energy model has generated positive effects on economic growth. The procedure was as follows. First, we conducted an aggregate causality analysis exploring the relationship between growth and energy consumption. As the results were not significant, we repeated the analysis with different disaggregations of renewable energy sources. With respect to solar thermal energy and economic growth, the main conclusion is that the data appear to show a one-way causal relationship for Portugal and EU-26 (European Union without Portugal and Spain) and a two-way relationship for Spain.
Ismael Pérez-Franco; Agustín García-García; Juan J. Maldonado-Briegas. Energy Transition Towards a Greener and More Competitive Economy: The Iberian Case. Sustainability 2020, 12, 3343 .
AMA StyleIsmael Pérez-Franco, Agustín García-García, Juan J. Maldonado-Briegas. Energy Transition Towards a Greener and More Competitive Economy: The Iberian Case. Sustainability. 2020; 12 (8):3343.
Chicago/Turabian StyleIsmael Pérez-Franco; Agustín García-García; Juan J. Maldonado-Briegas. 2020. "Energy Transition Towards a Greener and More Competitive Economy: The Iberian Case." Sustainability 12, no. 8: 3343.