IDEAS home Printed from https://ideas.repec.org/a/ags/earnsa/344096.html
   My bibliography  Save this article

Including the change in natural capital stock and environmental degradation in Peruvian mining GDP and NNP

Author

Listed:
  • Orihuela, Carlos Enrique
  • Chumpitaz Añi, Víctor Carlos Michel
  • Dávila García, José Yasser

Abstract

[EN] This study adjusts the net national product (NNP) and gross domestic product (GDP) of the Peruvian mining sector by incorporating natural capital depreciation, new discoveries, and environmental degradation during the period 1994–2018. The results suggest that NNP has been overestimated, on average, by 172 % to 210 %, which is attributed to the omission of natural depreciation. When GDP was corrected, the overestimation fluctuated between 64 % and 72 %. This underscores the importance of including natural capital depreciation, especially in countries whose economy is highly dependent on extractive industries, as is the case of Peru. [ES] Este estudio ajusta el producto nacional neto (PNN) y producto interno bruto (PIB) del sector minero peruano, mediante la inclusión de la depreciación del capital natural, nuevos descubrimientos y degradación ambiental durante el período 1994–2018. Los resultados sugieren que PNN ha sido sobre estimado entre 172 % y 210%, debido a la omisión de la depreciación natural. Cuando el PIB fue corregido, la sobre estimación fluctuó entre 64 % y 72 %. Esto resalta la importancia de incluir la depreciación del capital natural, especialmente en países cuya economía es altamente dependiente de las industrias extractivas como es Perú.

Suggested Citation

  • Orihuela, Carlos Enrique & Chumpitaz Añi, Víctor Carlos Michel & Dávila García, José Yasser, 2024. "Including the change in natural capital stock and environmental degradation in Peruvian mining GDP and NNP," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 24(1), June.
  • Handle: RePEc:ags:earnsa:344096
    DOI: 10.22004/ag.econ.344096
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/344096/files/Cap6-EARN-2024.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.344096?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    Environmental Economics and Policy;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:earnsa:344096. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aeeaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.