Productivity measurement with natural capital

HIGHLIGHTS

  • who: Paul Schreyer et al. from the Cho, T, J. Kim and P. Schreyer, "Measuring the Evolution of Korea's Material Living Standards, " have published the research work: Productivity Measurement with Natural Capital, in the Journal: (JOURNAL)
  • what: In this paper these user costs are approximated with measures of unit rents provided by the World Bank. The main contribution of this paper is to develop a methodology to include natural capital into traditional measures of productivity growth, which can be developed further, as better and more extensive data on natural capital becomes available.
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