TY - JOUR
T1 - Evaluating a continent-wise situation for capital data
AU - Halkos, George
AU - Managi, Shunsuke
AU - Tsilika, Kyriaki
N1 - Publisher Copyright:
© 2017 Economic Society of Australia, Queensland
Copyright:
Copyright 2017 Elsevier B.V., All rights reserved.
PY - 2017/9
Y1 - 2017/9
N2 - 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.
AB - 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.
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U2 - 10.1016/j.eap.2017.05.003
DO - 10.1016/j.eap.2017.05.003
M3 - Article
AN - SCOPUS:85020040918
VL - 55
SP - 57
EP - 74
JO - Economic Analysis and Policy
JF - Economic Analysis and Policy
SN - 0313-5926
ER -