ABSTRACTPlants have the ability to dampen the effects of variability in water resources. Various mechanisms contribute to these properties: reduction of leaf area, increased rooting depth and stomatal conductance. To evaluate the differential roles and interactions of these mechanisms, we have built a model and simulated flows of water in Mediterranean evergreen scrub. The essential concept of this model is that the water status of the canopy is governed by the water lost by transpiration, the availability of soil water and the hydraulic resistances to water flow in soil and plant. The amount of water supplied by the roots is related to changes in water potential between the soil and the leaf. The amount of water lost to the atmosphere is regulated by an interaction between atmospheric demand and canopy water potential. Water uptake by plant is assumed equal to plant water loss. Leaf area appears to affect largely the annual water balance. The critical leaf water potential required to reduce the maximum stomatal conductance by half has a dominant effect on annual leaf water potential. Reducing rooting depth induces a new functional equilibrium for the plant. This new equilibrium is reached by decreasing leaf area and the critical leaf water potential. Our results show the complexity of interactions of these mechanisms and highlight the importance of the coordination between them. Finally, we suggest a reconsideration of these mechanisms in a context of the survival and long‐term persistence of the plan