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In order to determine whether stomatal closure alone regulates photosynthesis during drought under natural conditions, seasonal changes in leaf gas exchange were studied in plants of five species differing in life form and carbon fixation pathway growing in a thorn scrub in Venezuela. The species were: Ipomoea carnea, Jatropha gossypifolia, (C3 deciduous shrubs), Alternanthera crucis (C4 deciduous herb), and Prosopis juliflora and Capparis odoratissima (evergreen phreatophytic trees). Xylem water potential (Ψ) of all species followed very roughly the precipitation pattern, being more closely governed by soil water content in I. carnea and A. crucis. Maximum rate of photosynthesis, Pmax, decreased with Ψ in I. carnea, J. gossypifolia, and A. crucis. In I. carnea and J. gossypifolia stomatal closure was responsible for a 90 % decline in net photosynthetic rate (PN) as Ψ decreased from -0.3 to -2.0 MPa …