Aproximacón al cálculo del crecimiento real de Colombia: aportes metodológicos para la inclusión en las cuentas nacionales de los impactos del agotamiento del carbón y del gas natural

The integrated accounting system considers the natural resource depletion issues. We analyze the difference between this system and the traditional national accounting system, using data from the mining sector in Colombia (natural gas and coal). Results show that by including the impact of these two...

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Bibliographic Details
Main Authors: Michée Arnold Lachaud, Jorge Higinio Maldonado
Format: Article
Language:English
Published: Universidad del Rosario 2011-01-01
Series:Revista de Economía del Rosario
Subjects:
Online Access:http://revistas.urosario.edu.co/index.php/economia/article/view/1910
Description
Summary:The integrated accounting system considers the natural resource depletion issues. We analyze the difference between this system and the traditional national accounting system, using data from the mining sector in Colombia (natural gas and coal). Results show that by including the impact of these two resources exhaustion, the traditional GDP would be overestimated; while it grew at an annual rate of 2.2% for the period 1995-2005, adjusted GDP would show a grow rate of 1.3%, reflecting costs on real country growth. These results open a debate given the current proposal of basing part of economic growth in Colombia on mining.
ISSN:0123-5362
2145-454X