Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/177361
Authors: 
Jemio, Luis Carlos
Andersen, Lykke E.
Medinaceli, Agnes
Year of Publication: 
2017
Series/Report no.: 
Development Research Working Paper Series 05/2017
Abstract: 
This paper calculates and analyzes key indicators from Bolivia's Green National Accounts during the period 1990 - 2015, which covers an entire Commodity Super Cycle. The first half includes the Great Commodities Depression while the second half of the period is characterized by an unprecedented commodities boom. We show that the contribution of ecosystem goods and services to the Bolivian economy remain relatively stable over the cycle, while the contribution of non-renewable resources increases by a factor of four between the bottom of the cycle (1993) and the top of the cycle (2011). Similarly, the differences between Net Capital Formation and Environmentally-adjusted Net Capital formation is small at the bottom of the Commodity Super Cycle (2.3% of GDP) but much larger at the top of the cycle (7.7% of GDP).
Subjects: 
Green Accounting
Natural Resource Rents
Bolivia
JEL: 
Q56
Q01
Q32
Q51
Document Type: 
Working Paper
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