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Accounting for natural resources in Ecuador : contrasting methodologies, conflicting results (Английский)

This study examines natural capital depletion in Ecuador from 1971 to 1990, corresponding with an oil boom in the 1970s followed by economic stagnation in the 1980s. Two natural resource accounting (NRA) methodologies are utilized to measure the economic value of natural capital depletion in the petroleum sector. The Depreciation Method adjusts national income to reflect the change in economic value of natural capital which occurs during each accounting...
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