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Contabilidad nacional medioambiental para productores de petróleo. Estimaciones para México y Venezuela (1901-1985)

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  • María del Mar Rubio Varas

    () (Universidad Pompeu Fabra, Barcelona)

Abstract

Environmental accounting literature reminds us that prosperity can be ephemeral if it is built on depletion of natural resources. Traditional national accounting practice ignores the loss of natural resources. According to standard environmental accounting, this produces exaggerated income, encourages unsustainable levels of consumption and is misleading when assessing the economic prospects of resource extracting countries. While the historiography of oil-extracting countries departs from entirely different concepts and methods, it contains plenty of arguments that resemble those of the environmental accountants. Nonetheless the arguments in the historiography lack quantitative support for the most part. This article connects these previously disparate literatures and explores the resulting synergies. Doing so, it contributes to the surprisingly small amount of comparative historical studies of the oil industries and the economic histories of Venezuela and Mexico, but overall, this study is an examination of the tractability and usefulness of environmental accounting as a tool of economic analysis over the long run. KEY Classification-JEL: Q01, N5, P24

Suggested Citation

  • María del Mar Rubio Varas, 2007. "Contabilidad nacional medioambiental para productores de petróleo. Estimaciones para México y Venezuela (1901-1985)," Investigaciones de Historia Económica (IHE) Journal of the Spanish Economic History Association, Asociacion Espa–ola de Historia Economica, vol. 8, pages 141-165.
  • Handle: RePEc:ahe:invest:v:8:y:2007:p:141-165
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    More about this item

    Keywords

    Exhaustible resources; Environmental accounts; Net National Product; Petroleum; Mexico; Venezuela;

    JEL classification:

    • Q01 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - General - - - Sustainable Development
    • N5 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries
    • P24 - Economic Systems - - Socialist Systems and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation

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