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Authordc.contributor.authorCalfucura, T. Enrique 
Authordc.contributor.authorFigueroa Benavides, Eugenio 
Cita de ítemdc.identifier.citationResources Policy 29 (3-4): 165-173 Sep-Dec 2003en_US
General notedc.descriptionArtículo de publicación ISIen_US
Abstractdc.description.abstractThis paper estimates the true economic income for the Chilean mining sector, using the welfare foundations for the usual net domestic product (NDP) income measure of the traditional National Accounts System (NAS) provided by [Weitzman, M., 1976. On the welfare significance of national product in a dynamic economy. Quarterly Journal of Economics. 90, 156–162; Weitzman, M., 2000. The linearised Hamiltonian as comprehensible NDP. Environment and Development Economics. 5, 55–68]. The total depletion of natural capital caused by mining is calculated by estimating, on the one hand, the depreciation of resources (using the net price approach) and, on the other, the environmental costs provoked by mining activity. The results show that, correcting the usual GDP measure for man-made capital depreciation plus the total loss of natural capital, the standard mining GDP measure of the NAS overestimates by 31–36% the economic income generated by Chile’s mining sector during the period 1985–1996.en_US
Type of licensedc.rightsAtribución-NoComercial-SinDerivadas 3.0 Chile*
Link to Licensedc.rights.uri*
Keywordsdc.subjectEnvironmental accountsen_US
Keywordsdc.subjectNatural capital depreciationen_US
Títulodc.titleGrowth and green income: evidence from mining in Chileen_US
Document typedc.typeArtículo de revista

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Atribución-NoComercial-SinDerivadas 3.0 Chile
Except where otherwise noted, this item's license is described as Atribución-NoComercial-SinDerivadas 3.0 Chile