Is Mozambican Growth Sustainable? A Comprehensive Wealth Accounting Prospect

Timothée Ollivier

MPRA Paper from University Library of Munich, Germany

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. (2007). We show that Mozambican growth is driven mainly by human and physical capital accumulation, while the pressure on natural capital remains low. Moreover, changes in knowledge and institutions significantly enhance the outcome of the different capital assets while population growth has a strong downward effect on wealth per capita. In the end, we conclude that Mozambique, unlike many other sub-Saharan countries, followed a sustainable growth path in recent times.

Keywords: natural capital; sustainable development; Mozambique; comprehensive wealth accounting (search for similar items in EconPapers)
JEL-codes: E01 E21 Q01 Q56 (search for similar items in EconPapers)
Date: 2009-07
New Economics Papers: this item is included in nep-afr, nep-env and nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://mpra.ub.uni-muenchen.de/16603/1/MPRA_paper_16603.pdf original version (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:16603

Access Statistics for this paper

More papers in MPRA Paper from University Library of Munich, Germany Ludwigstraße 33, D-80539 Munich, Germany. Contact information at EDIRC.
Bibliographic data for series maintained by Joachim Winter ().