Australia: a land of missed opportunities?

Comprehensive Investment (CI) may provide an indicator of future changes in a country's per capita consumption. The authors explore the utility of the CI indicator for Australia by constructing CI data since 1861 and by estimating their relationship with changes in future consumption over periods of...

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Publicado en:Environment & Development Economics Vol. 22; no. 6; pp. 674 - 699
Autores principales: Halkos, George, Managi, Shunsuke, Greasley, David, McLaughlin, Eoin, Hanley, Nick, Oxley, Les
Formato: Artículo
Publicado: Cambridge University Press Dec2017
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Australia: a land of missed opportunities?
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          Halkos, George
          Managi, Shunsuke
          Greasley, David
          McLaughlin, Eoin
          Hanley, Nick
          Oxley, Les
        affil:
          School of History, Classics and Archaeology, Edinburgh University, Edinburgh EH8 9JY, Scotland, UK.
          School of Geography & Sustainable Development, University of St Andrews, Scotland, UK.
          Waikato Management School, University of Waikato, New Zealand.
      su:
        Land economics
        Economic indicators
        Human capital
        Technological innovations
        Per capita
      sug:
        subj:
          Land economics
          Economic indicators
          Human capital
          Technological innovations
          Per capita
      ab: Comprehensive Investment (CI) may provide an indicator of future changes in a country's per capita consumption. The authors explore the utility of the CI indicator for Australia by constructing CI data since 1861 and by estimating their relationship with changes in future consumption over periods of 50 years ahead. The CI measures include changes in natural, produced and human capital, and make allowance for exogenous technological progress. The results are used to consider how Australia's natural capital exploitation influenced the consumption of future generations. Further, the authors gauge if low CI relative to other leading OECD countries resulted in lower consumption levels in Australia over time than feasible, had it saved more.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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