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Wealth Accounting, Exhaustible Resources and Social Welfare

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  • Kirk Hamilton

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  • Giovanni Ruta

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Bibliographic Info

Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 42 (2009)
Issue (Month): 1 (January)
Pages: 53-64

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Handle: RePEc:kap:enreec:v:42:y:2009:i:1:p:53-64

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Web page: http://www.springerlink.com/link.asp?id=100263

Related research

Keywords: Environmental accounting; Exhaustible resources; Genuine saving; Social welfare; Q01; Q03;

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References

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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  1. Geir B. Asheim & Wolfgang Buchholz, 2004. "A General Approach to Welfare Measurement through National Income Accounting," Scandinavian Journal of Economics, Wiley Blackwell, vol. 106(2), pages 361-384, 06.
  2. Kirk Hamilton & Cees Withagen, 2007. "Savings growth and the path of utility," Canadian Journal of Economics, Canadian Economics Association, vol. 40(2), pages 703-713, May.
  3. Asheim, Geir B. & Weitzman, Martin L., 2001. "Does NNP growth indicate welfare improvement?," Economics Letters, Elsevier, vol. 73(2), pages 233-239, November.
  4. Dasgupta, Partha & M Ler, Karl-G Ran, 2000. "Net national product, wealth, and social well-being," Environment and Development Economics, Cambridge University Press, vol. 5(01), pages 69-93, February.
  5. Kirk Hamilton & John Hartwick, 2005. "Investing exhaustible resource rents and the path of consumption," Canadian Journal of Economics, Canadian Economics Association, vol. 38(2), pages 615-621, May.
  6. Sefton, J. A. & Weale, M. R., 1996. "The net national product and exhaustible resources: The effects of foreign trade," Journal of Public Economics, Elsevier, vol. 61(1), pages 21-47, July.
  7. Davis, Graham A. & Moore, David J., 2000. "Valuing mineral stocks and depletion in green national income accounts," Environment and Development Economics, Cambridge University Press, vol. 5(01), pages 109-127, February.
  8. Hamilton, Kirk & Clemens, Michael, 1999. "Genuine Savings Rates in Developing Countries," World Bank Economic Review, World Bank Group, vol. 13(2), pages 333-56, May.
  9. Pezzey, J.C.V.John C. V., 2004. "One-sided sustainability tests with amenities, and changes in technology, trade and population," Journal of Environmental Economics and Management, Elsevier, vol. 48(1), pages 613-631, July.
  10. Dixit, Avinash & Hammond, Peter & Hoel, Michael, 1980. "On Hartwick's Rule for Regular Maximin Paths of Capital Accumulation and Resource Depletion," Review of Economic Studies, Wiley Blackwell, vol. 47(3), pages 551-56, April.
  11. Giles Atkinson & Kirk Hamilton, 2007. "Progress along the path: evolving issues in the measurement of genuine saving," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 37(1), pages 43-61, May.
  12. Robert D. Cairns, 2002. "Green national income and expenditure," Canadian Journal of Economics, Canadian Economics Association, vol. 35(1), pages 1-15, February.
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Citations

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Cited by:
  1. Kirk Hamilton & Giles Atkinson, 2013. "Resource Discoveries, Learning and National Income Accounting," Grantham Research Institute on Climate Change and the Environment Working Papers 117, Grantham Research Institute on Climate Change and the Environment.
  2. Kazim Kazimov & Kirk Hamilton & Rabah Arezki, 2011. "Resource Windfalls, Macroeconomic Stability and Growth," IMF Working Papers 11/142, International Monetary Fund.
  3. Alan Gelb & Kai Kaiser & Lorena ViƱuela, 2012. "How Much Does Natural Resource Extraction Really Diminish National Wealth? The Implications of Discovery," Working Papers id:4874, eSocialSciences.
  4. Bram Edens, 2013. "Depletion: Bridging the Gap Between Theory and Practice," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 54(3), pages 419-441, March.
  5. Rabah Arezki & Thorvaldur Gylfason, 2011. "Commodity Price Volatility, Democracy and Economic Growth," CESifo Working Paper Series 3619, CESifo Group Munich.
  6. Taoyuan Wei, 2012. "Capital Gains and Income Arising from Nonrenewable Resources," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 52(2), pages 293-300, June.
  7. Ian Bateman & Georgina Mace & Carlo Fezzi & Giles Atkinson & Kerry Turner, 2011. "Economic Analysis for Ecosystem Service Assessments," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 48(2), pages 177-218, February.
  8. Hamilton, Kirk & Atkinson, Giles, 2013. "Resource discoveries, learning, and national income accounting," Policy Research Working Paper Series 6505, The World Bank.
  9. Kirk Hamilton, 2014. "Measuring sustainability in the UN system of envrionmental-economic accounting," Grantham Research Institute on Climate Change and the Environment Working Papers 154, Grantham Research Institute on Climate Change and the Environment.
  10. Alan Gelb, Kai Kaiser, and Lorena Vinuela, 2012. "How Much Does Natural Resource Extraction Really Diminish National Wealth? The Implications of Discovery - Working Paper 290," Working Papers 290, Center for Global Development.
  11. Pineda, Jose, 2012. "Sustainability and human development: a proposal for a sustainability adjusted HDI (SHDI)," MPRA Paper 39656, University Library of Munich, Germany.
  12. Rabah Arezki & Kirk Hamilton & Kazim Kazimov, 2011. "Resource Windfalls, Macroeconmic Stability and Growth: The Role of Political Institutions," CESifo Working Paper Series 3678, CESifo Group Munich.

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