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Economics: Account for depreciation of natural capital

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  • Edward B. Barbier

    (Edward B. Barbier is professor of economics at the University of Wyoming, Laramie, Wyoming, USA.)

Abstract

Economic indicators that omit the depletion and degradation of natural resources and ecosystems are misleading, warns Edward B. Barbier.

Suggested Citation

  • Edward B. Barbier, 2014. "Economics: Account for depreciation of natural capital," Nature, Nature, vol. 515(7525), pages 32-33, November.
    • Handle: RePEc:nat:nature:v:515:y:2014:i:7525:d:10.1038_515032a
    DOI: 10.1038/515032a
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    Cited by:

    1. Zhang, Can & Su, Bo & Beckmann, Michael & Volk, Martin, 2024. "Emergy-based evaluation of ecosystem services: Progress and perspectives," Renewable and Sustainable Energy Reviews, Elsevier, vol. 192(C).
    2. Niccolucci, Valentina & Coscieme, Luca & Marchettini, Nadia, 2021. "Benefit transfer and the economic value of Biocapacity: Introducing the ecosystem service Yield factor," Ecosystem Services, Elsevier, vol. 48(C).
    3. Yang, Lan & Wang, Xue-Chao & Dai, Min & Chen, Bin & Qiao, Yuanbo & Deng, Huijing & Zhang, Dingfan & Zhang, Yizhe & Villas Bôas de Almeida, Cecília Maria & Chiu, Anthony S.F. & Klemeš, Jiří Jaromír & W, 2021. "Shifting from fossil-based economy to bio-based economy: Status quo, challenges, and prospects," Energy, Elsevier, vol. 228(C).
    4. Manning, Dale T. & Rad, Mani Rouhi & Suter, Jordan F. & Goemans, Christopher & Xiang, Zaichen & Bailey, Ryan, 2020. "Non-market valuation in integrated assessment modeling: The benefits of water right retirement," Journal of Environmental Economics and Management, Elsevier, vol. 103(C).

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