The model is formulated as a mixed-complementarity problem, has a detailed treatment of agriculture, assumes competitive markets and determines efficient water allocation. For the Turtle scenario, incomes are stagnant and a crisis emerges in the labor market. Sensitivity analysis for the Tiger scenario suggests that growth in export demand is important, while tariff removal with no other policy changes has little effect. Increasing water scarcity hurts agriculture and labor absorption, but has little effect on overall growth.
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