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Sectoral Impacts of Drought and Climate Change
This project examines impacts of drought and climate change on climate sensitive sectors in the Southwest, focusing on agriculture and outdoor recreation and tourism. The effects of drought on income and employment will be estimated. The U.S. Agricultural Resources Model, a 12-region, 32-commodity model of U.S. agriculture, will be developed to examine effects of severe water shortages and large water price increases on agriculture in the Colorado and Upper Rio Grande basins. The project also combines regression and input-output models to assess how economic and environmental changes affect the local economies of gateway communities surrounding national parks in the Southwest.