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The multi-layer nature of Inclusive Wealth data and their dynamic interpretation

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

Abstract

This paper explores inclusive wealth (IW) index using visual interfaces, which provide better economic interpretation. Two views are provided for the visual representation: a cluster view and a timeline view. Among all variables of IW data we focus on three: natural capital, inclusive wealth and air pollution. Our IW data exploration starts with the task of illustrating the distribution of air pollution and wealth among different geographical regions and among regions of different economic growth over the 25-year period 1990–2014. Furthermore, we aim at the assessment of variation of natural capital across the years of study. We use different data visualization techniques to capture the multi-layer nature of IW data, to represent parts of the global multi-region multi-country dataset.

Suggested Citation

  • 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.
    • Handle: RePEc:eee:ecanpo:v:59:y:2018:i:c:p:160-170
    DOI: 10.1016/j.eap.2018.06.005
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    References listed on IDEAS

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    1. Shunsuke Managi & George Halkos, 2015. "Production analysis in environmental, resource, and infrastructure evaluation," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 4(1), pages 1-4, December.
    2. Darshana Rajapaksa & Moinul Islam & Shunsuke Managi, 2017. "Natural Capital Depletion: the Impact of Natural Disasters on Inclusive Growth," Economics of Disasters and Climate Change, Springer, vol. 1(3), pages 233-244, October.
    3. George Halkos & Argyro Zisiadou, 2018. "Relating environmental performance with socioeconomic and cultural factors," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(1), pages 69-88, January.
    4. Halkos, George & Managi, Shunsuke, 2017. "Recent advances in empirical analysis on growth and environment: introduction," Environment and Development Economics, Cambridge University Press, vol. 22(6), pages 649-657, December.
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    6. Robi Kurniawan & Shunsuke Managi, 2017. "Sustainable Development and Performance Measurement: Global Productivity Decomposition," Sustainable Development, John Wiley & Sons, Ltd., vol. 25(6), pages 639-654, November.
    7. Stefan Giljum & Martin Bruckner & Aldo Martinez, 2015. "Material Footprint Assessment in a Global Input-Output Framework," Journal of Industrial Ecology, Yale University, vol. 19(5), pages 792-804, October.
    8. Zeb Aurangzeb & Thanasis Stengos, 2012. "Economic Policies and the Impact of Natural Disasters on Economic Growth: A Threshold Regression Approach," Economics Bulletin, AccessEcon, vol. 32(1), pages 229-241.
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