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  • Natural Resource Hartwick

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    shabbir
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    This 3 page working paper from Queen's University's Economics Department discusses how to account for the economic depreciation of natural resources in national accounting. It notes that extracting non-renewable resources like minerals reduces the value of a nation's capital stock over time and proposes a method for including the economic value of natural capital depletion in GDP calculations.

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    This 3 page working paper from Queen's University's Economics Department discusses how to account for the economic depreciation of natural resources in national accounting. It notes that extracting non-renewable resources like minerals reduces the value of a nation's capital stock over time and proposes a method for including the economic value of natural capital depletion in GDP calculations.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    8 views16 pages

    Natural Resource Hartwick

    Uploaded by

    shabbir
    This 3 page working paper from Queen's University's Economics Department discusses how to account for the economic depreciation of natural resources in national accounting. It notes that extracting non-renewable resources like minerals reduces the value of a nation's capital stock over time and proposes a method for including the economic value of natural capital depletion in GDP calculations.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 16

    QED

    Queen’s Economics Department Working Paper No. 771

    Natural Resources, National Accounting and Economic


    Depreciation

    John M. Hartwick

    Department of Economics
    Queen’s University
    94 University Avenue
    Kingston, Ontario, Canada
    K7L 3N6

    1-1990

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