Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/7735
Appears in Collections:Economics Journal Articles
Peer Review Status: Refereed
Title: Constructing genuine savings indicators for Ireland, 1995-2005
Author(s): Ferreira, Susana
Moro, Mirko
Contact Email: mirko.moro@stir.ac.uk
Keywords: Green accounting
Genuine savings
Sustainability indicators
Ireland
Environmental accounting
Sustainable development
Issue Date: Mar-2011
Date Deposited: 29-Aug-2012
Citation: Ferreira S & Moro M (2011) Constructing genuine savings indicators for Ireland, 1995-2005. Journal of Environmental Management, 92 (3), pp. 542-553. https://doi.org/10.1016/j.jenvman.2010.09.015
Abstract: In this paper we compute the genuine savings indicators for the Republic of Ireland over the period 1995-2005. We expand and improve existing World Bank's estimates by: a) using data collected from official Irish sources; b) employing the net present value method to assess resource depreciation; c) including external costs from SO2 and NOx emissions; and d) estimating human capital accumulation using the returns to education. We also perform a sensitivity analysis to check the robustness of our estimates to different assumptions and parameters. Our estimates are consistently smaller than the World Bank's and negative in the first years of the period considered.
DOI Link: 10.1016/j.jenvman.2010.09.015
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