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Economic Depreciation of Natural Resources in Asia and Implications for Net Savings and Long-Run Consumption

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  • Vincent, J.
  • Casteneda, B.
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    Abstract

    Rents from extracting natural resources (minerals and roundwood) were equivalent to a fifth or more of gross domestic savings in at least one year during 1970-92 in nearly all countries in a sample of fourteen from Asia. This was the case even in China and India, which are not usually thought of as being resource-rich. On a per capita basis, rents were larger in most countries in 1992 than in 1970; relative to GDP, they rose in most South Asia countries, including India.

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    Bibliographic Info

    Paper provided by Harvard - Institute for International Development in its series Papers with number 614.

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    Length: 30 pages
    Date of creation: 1997
    Date of revision:
    Handle: RePEc:fth:harvid:614

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    Keywords: ASIA ; AGRICULTURE ; NATURAL RESOURCES ; PRODUCTION ; SAVINGS ; NATIONAL INCOME;

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    Cited by:
    1. Kumar, Surender, 2008. "Is India on a Sustainable Development Path?," MPRA Paper 10086, University Library of Munich, Germany.
    2. Purnamita Dasgupta & Shikha Gupta, 2008. "Measuring Sustainability with Macroeconomic Data for India," Macroeconomics Working Papers 22149, East Asian Bureau of Economic Research.
    3. Alisjahbana, Armida & Yusuf, Arief Anshory, 2003. "Assessing Indonesia's sustainable development: long-run trend, impact of the crisis, and adjustment during the recovery period," MPRA Paper 1736, University Library of Munich, Germany.
    4. Purnamita Dasgupta & Shikha Gupta, 2008. "Measuring Sustainability with Macroeconomic Data for India," Working Papers id:1574, eSocialSciences.

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