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Evaluating a continent-wise situation for capital data

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  • Halkos, George
  • Managi, Shunsuke
  • Tsilika, Kyriaki

Abstract

This paper investigates the evolution of natural assets and the relationship among natural, produced and human capital, for selected countries of six continents during the 25-year period 1990–2014. The paper employs an alternative graphical data analysis to picture variations and evolution schemes in capital data formation. Our novel contribution is to feature the underlying consumption or restoration of natural capital in relation with intertemporal man-made capital dynamics. The proposed graphical approach (i) has the advantage of being self-evident, (ii) depicts comparative results surpassing the problem of different scaling of the data (iii) examines the interdependence of the three types of capital data (i.e. natural capital, gross fixed capital formation or labor). We aim to uncover each country’s environmental policy at a glance and draw conclusions concerning environmental sustainability.

Suggested Citation

  • Halkos, George & Managi, Shunsuke & Tsilika, Kyriaki, 2017. "Evaluating a continent-wise situation for capital data," Economic Analysis and Policy, Elsevier, vol. 55(C), pages 57-74.
    • Handle: RePEc:eee:ecanpo:v:55:y:2017:i:c:p:57-74
    DOI: 10.1016/j.eap.2017.05.003
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    Cited by:

    1. Sugiawan, Yogi & Islam, Moinul & Managi, Shunsuke, 2017. "Global marine fisheries with economic growth," Economic Analysis and Policy, Elsevier, vol. 55(C), pages 158-168.
    2. Halkos, George & Managi, Shunsuke & Tsilika, Kyriaki, 2018. "The multi-layer nature of Inclusive Wealth data and their dynamic interpretation," Economic Analysis and Policy, Elsevier, vol. 59(C), pages 160-170.

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    More about this item

    Keywords

    Capital data; Data visualization; Visual analytics; Mathematica computer software; User interface design;
    All these keywords.

    JEL classification:

    • Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software

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