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Assessing sustainability, a comprehensive wealth accounting prospect: An application to Mozambique

Abstract : We estimate the wealth of Mozambique in 2000 and 2005 in order to assess the sustainability of its development path. Our methodology builds on Arrow et al. (2010). We show that Mozambican wealth increases through human and physical capital accumulation, while the pressure on natural capital remains low. The growth of total factor productivity enhances the outcome of the different capital assets, but population growth has a strong downward effect on wealth per capita. Results suggest that Mozambican development was sustainable between 2000 and 2005, but these remain ambiguous and are highly sensitive to data and assumptions used.
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https://hal-mines-paristech.archives-ouvertes.fr/hal-00659148
Contributor : Yann Ménière <>
Submitted on : Thursday, January 12, 2012 - 11:35:22 AM
Last modification on : Thursday, September 24, 2020 - 4:58:02 PM

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Timothée Ollivier, Pierre-Noël Giraud. Assessing sustainability, a comprehensive wealth accounting prospect: An application to Mozambique. Ecological Economics, Elsevier, 2011, 70 (3), pp.503-512. ⟨10.1016/j.ecolecon.2010.09.028⟩. ⟨hal-00659148⟩

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