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Bolivia’s Green National Accounts through a Commodity Super Cycle

Author

Listed:
  • Luis Carlos Jemio

    (Institute for Advanced Development Studies)

  • Lykke E. Andersen

    (Institute for Advanced Development Studies)

  • Agnes Medinaceli

    (Institute for Advanced Development Studies)

Abstract

This paper calculates and analyzes key indicators from Bolivia’s Green National Accounts during the period 1990 – 2015, which covers an entire Commodity Super Cycle. The first half includes the Great Commodities Depression while the second half of the period is characterized by an unprecedented commodities boom. We show that the contribution of ecosystem goods and services to the Bolivian economy remain relatively stable over the cycle, while the contribution of non-renewable resources increases by a factor of four between the bottom of the cycle (1993) and the top of the cycle (2011). Similarly, the differences between Net Capital Formation and Environmentally-adjusted Net Capital formation is small at the bottom of the Commodity Super Cycle (2.3% of GDP) but much larger at the top of the cycle (7.7% of GDP).

Suggested Citation

  • Luis Carlos Jemio & Lykke E. Andersen & Agnes Medinaceli, 2017. "Bolivia’s Green National Accounts through a Commodity Super Cycle," Development Research Working Paper Series 05/2017, Institute for Advanced Development Studies.
    • Handle: RePEc:adv:wpaper:201705
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    References listed on IDEAS

    as
    1. Luis Carlos Jemio, 2010. "Cuentas Medioambientales para Bolivia, 1990-2008," Development Research Working Paper Series 14/2010, Institute for Advanced Development Studies.
    2. Agnes Medinaceli Baldivieso & Lykke E. Andersen & Ioulia M. Chuvileva (ed.), 2017. "Global Green Accounting 2017: An annotated bibliography of green national accounting efforts around the world," INESAD ebooks, Institute for Advanced Development Studies, edition 2, volume 1, number 201701, July.
    3. Lykke E. Andersen & Boris Branisa & Stefano Canelas (ed.), 2016. "El ABC del desarrollo en Bolivia," INESAD ebooks, Institute for Advanced Development Studies, edition 1, volume 1, number 201601, July.
    4. Susana Del Granado & Hugo Del Granado & Luis Carlos Jemio, 2016. "Y - Yacimientos," INESAD book chapters, in: Lykke E. Andersen & Boris Branisa & Stefano Canelas (ed.), El ABC del desarrollo en Bolivia, edition 1, volume 1, chapter 0, pages 273-281, Institute for Advanced Development Studies.
    5. Johnny Suxo, 2017. "Cuentas Ambientales del Departamento de Pando en Bolivia: Aplicación del Enfoque Insumo Producto a nivel sub-nacional," Development Research Working Paper Series 03/2017, Institute for Advanced Development Studies.
    6. Figueroa B., Eugenio & Orihuela R., Carlos & Calfucura T., Enrique, 2010. "Green accounting and sustainability of the Peruvian metal mining sector," Resources Policy, Elsevier, vol. 35(3), pages 156-167, September.
    7. Lykke E. Andersen & Johann Caro & Robert Faris & Mauricio Medinaceli, 2006. "Natural Gas and Inequality in Bolivia after Nationalization," Development Research Working Paper Series 05/2006, Institute for Advanced Development Studies.
    8. Michael S. Christian, 2010. "Human Capital Accounting in the United States: 1994 to 2006," BEA Working Papers 0049, Bureau of Economic Analysis.
    9. Giles Atkinson & Simon Dietz & Eric Neumayer & Matthew Agarwala (ed.), 2014. "Handbook of Sustainable Development," Books, Edward Elgar Publishing, number 15312.
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    More about this item

    Keywords

    Green Accounting; Natural Resource Rents; Bolivia;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • Q32 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Exhaustible Resources and Economic Development
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects

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