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Spatiotemporal distribution of inclusive wealth data: An illustrated guide

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Listed:
  • Halkos, George
  • Managi, Shunsuke
  • Tsilika, Kyriaki

Abstract

In this paper we develop an illustrated guide for IWR2017 data. Graphical representations aim to reveal the multi-layer nature of IWR data with self-explanatory schemes. There are four parts of the analysis. In the first part, we present the spatial distribution of the three types of capitals - natural, human and produced - associated to social well-being. In the second part, we illustrate capitals’ temporal variation over 1990-2014, on different geographical and economic backgrounds. We investigate the dynamic evolution of capital assets and capture the key trend among different geographical regions and among regions with different economic growth. The third part makes an additional focus on natural capital and its spatial distribution over different income levels and regions. The forth part examines the causal relation between pollution and wealth. All four research questions are confronted with ease, clarity, and accuracy, with digital methods for mapping. A variety of graphical styles and/or forms is employed to indicate the resource use, capital exploitation trends of countries of different economic integration, uncover policies per income level.

Suggested Citation

  • Halkos, George & Managi, Shunsuke & Tsilika, Kyriaki, 2018. "Spatiotemporal distribution of inclusive wealth data: An illustrated guide," MPRA Paper 85711, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:85711
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    References listed on IDEAS

    as
    1. George Halkos, 1994. "Optimal abatement of sulphur emissions in Europe," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 4(2), pages 127-150, April.
    2. Halkos, George & Managi, Shunsuke, 2017. "Recent advances in empirical analysis on growth and environment: introduction," Environment and Development Economics, Cambridge University Press, vol. 22(6), pages 649-657, December.
    3. Halkos, George E. & Tsilika, Kyriaki D., 2017. "Climate change effects and their interactions: An analysis aiming at policy implications," Economic Analysis and Policy, Elsevier, vol. 53(C), pages 140-146.
    4. Robi Kurniawan & Shunsuke Managi, 2017. "Sustainable Development and Performance Measurement: Global Productivity Decomposition," Sustainable Development, John Wiley & Sons, Ltd., vol. 25(6), pages 639-654, November.
    5. George Halkos & Kyriaki Tsilika, 2016. "Dynamic Input–Output Models in Environmental Problems: A Computational Approach with CAS Software," Computational Economics, Springer;Society for Computational Economics, vol. 47(3), pages 489-497, March.
    6. Zeb Aurangzeb & Thanasis Stengos, 2012. "Economic Policies and the Impact of Natural Disasters on Economic Growth: A Threshold Regression Approach," Economics Bulletin, AccessEcon, vol. 32(1), pages 229-241.
    7. George Halkos, 1996. "Incomplete information in the acid rain game," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 23(2), pages 129-148, June.
    8. Halkos, George E., 1993. "Sulphur abatement policy: Implications of cost differentials," Energy Policy, Elsevier, vol. 21(10), pages 1035-1043, October.
    9. Shunsuke Managi & George Halkos, 2015. "Production analysis in environmental, resource, and infrastructure evaluation," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 4(1), pages 1-4, December.
    10. George Halkos & John Hutton, "undated". "Acid Rain Games in Europe," Discussion Papers 93/12, Department of Economics, University of York.
    11. Darshana Rajapaksa & Moinul Islam & Shunsuke Managi, 2017. "Natural Capital Depletion: the Impact of Natural Disasters on Inclusive Growth," Economics of Disasters and Climate Change, Springer, vol. 1(3), pages 233-244, October.
    12. George Halkos & Argyro Zisiadou, 2018. "Relating environmental performance with socioeconomic and cultural factors," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(1), pages 69-88, January.
    13. George E. Halkos & Kyriaki D. Tsilika, 2016. "Trading Structures for Regional Economies in CAS Software," Computational Economics, Springer;Society for Computational Economics, vol. 48(3), pages 523-533, October.
    14. Stefan Giljum & Martin Bruckner & Aldo Martinez, 2015. "Material Footprint Assessment in a Global Input-Output Framework," Journal of Industrial Ecology, Yale University, vol. 19(5), pages 792-804, October.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Wealth creation; natural capital; visual analytics; visual interfaces.;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • C88 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs - - - Other Computer Software
    • P28 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Natural Resources; Environment
    • Q51 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Valuation of Environmental Effects
    • Q53 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Air Pollution; Water Pollution; Noise; Hazardous Waste; Solid Waste; Recycling
    • Q58 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Government Policy

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