Historical wealth accounts for Britain: Progress and puzzles in measuring the sustainability of economic growth
Estimates of Britain's comprehensive wealth are reported for the period 1760-2000. They include measures of produced, natural, and human capital, and illustrate the changing composition of Britain's assets over this time period. We show how genuine savings, GS (a year-on-year measure of th...
| Main Authors: | , , , , , |
|---|---|
| Format: | Journal Article |
| Published: |
2014
|
| Online Access: | http://hdl.handle.net/20.500.11937/31469 |
| _version_ | 1848753389161152512 |
|---|---|
| author | McLaughlin, E. Hanley, N. Greasley, D. Kunnas, J. Oxley, Leslie Warde, P. |
| author_facet | McLaughlin, E. Hanley, N. Greasley, D. Kunnas, J. Oxley, Leslie Warde, P. |
| author_sort | McLaughlin, E. |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Estimates of Britain's comprehensive wealth are reported for the period 1760-2000. They include measures of produced, natural, and human capital, and illustrate the changing composition of Britain's assets over this time period. We show how genuine savings, GS (a year-on-year measure of the change in total capital and a claimed indicator of sustainable development) has evolved over time. Changes in total wealth are compared to alternative, investment-based measures of GS, including variants augmented with the value of exogenous technology. Additionally, the possible effects of population change on wealth, and the implications of including carbon-dioxide emissions in natural capital are considered. © The Authors 2014. Published by Oxford University Press. |
| first_indexed | 2025-11-14T08:23:44Z |
| format | Journal Article |
| id | curtin-20.500.11937-31469 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T08:23:44Z |
| publishDate | 2014 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-314692018-03-29T09:09:14Z Historical wealth accounts for Britain: Progress and puzzles in measuring the sustainability of economic growth McLaughlin, E. Hanley, N. Greasley, D. Kunnas, J. Oxley, Leslie Warde, P. Estimates of Britain's comprehensive wealth are reported for the period 1760-2000. They include measures of produced, natural, and human capital, and illustrate the changing composition of Britain's assets over this time period. We show how genuine savings, GS (a year-on-year measure of the change in total capital and a claimed indicator of sustainable development) has evolved over time. Changes in total wealth are compared to alternative, investment-based measures of GS, including variants augmented with the value of exogenous technology. Additionally, the possible effects of population change on wealth, and the implications of including carbon-dioxide emissions in natural capital are considered. © The Authors 2014. Published by Oxford University Press. 2014 Journal Article http://hdl.handle.net/20.500.11937/31469 10.1093/oxrep/gru002 restricted |
| spellingShingle | McLaughlin, E. Hanley, N. Greasley, D. Kunnas, J. Oxley, Leslie Warde, P. Historical wealth accounts for Britain: Progress and puzzles in measuring the sustainability of economic growth |
| title | Historical wealth accounts for Britain: Progress and puzzles in measuring the sustainability of economic growth |
| title_full | Historical wealth accounts for Britain: Progress and puzzles in measuring the sustainability of economic growth |
| title_fullStr | Historical wealth accounts for Britain: Progress and puzzles in measuring the sustainability of economic growth |
| title_full_unstemmed | Historical wealth accounts for Britain: Progress and puzzles in measuring the sustainability of economic growth |
| title_short | Historical wealth accounts for Britain: Progress and puzzles in measuring the sustainability of economic growth |
| title_sort | historical wealth accounts for britain: progress and puzzles in measuring the sustainability of economic growth |
| url | http://hdl.handle.net/20.500.11937/31469 |