The coral reef ecosystems provide many goods and services to coastal populations, such as tourism. Furthermore, they form a unique natural ecosystem, with an important biodiversity value as well as scientific and educational value. They also form a natural protection against wave erosion....

Chapter 6 from the forthcoming Inclusive Wealth Report 2022 looks at human capital in greater detail, based on the latest human capital estimates from the Inclusive Wealth Report (IWR) project. In the chapter, which is repeated here, the growth of human capital and several of its constituent...

Beijing organized the 2008 Summer Olympic Games, and the main goal of the Chinese government regarding this event was to hold a Green Olympics. A difference-in-differences approach was used to estimate the environmental impact the Olympic Games on air quality improvement in Beijing, compared to...

This working paper identifies the sources of human capital growth for the observation period 1990–2020 by region, gender and various determinants. It is a preliminary version of a forthcoming UNESCO/ Kyushu University Urban Institute Inclusive Wealth Report 2023 chapter. It focuses on five...

This study investigates consumers' preference for dynamic pricing rules using a choice experiment. Among alternative electricity pricing rules, time of use (TOU) is most preferred by consumers, and our estimation results show that TOU has the highest value of WTP among pricing rules....

In the wake of several high-profile natural disasters, crowding effects between public relief and private investments in disaster preparedness have recently attracted renewed attention. We examine how non-hypothetical self-insurance behavior by households responds to variations in public...

The Inclusive Wealth Index provides important insights into long-term economic growth and human well-being. The Index measures the wealth of nations through a comprehensive analysis of a country's productive base and the country's wealth in terms of progress, well-being and long-term...

This paper provides a non-renewable resource extraction model with both technological change and resource exploration. Especially, we consider two types of technology, extraction technology and exploration technology. We show how these technologies affect efficient non-renewable resource...

Environmental pollution and human health problems are becoming serious issues in China. This research focuses on regional differences in productive inefficiencies and attempts to clarify the determinants of inefficiency, accounting economic, environmental and health-related factors. Our dataset...

This study intends to understand how disaster is related to countries' production efficiency using a sample of 137 countries over 1980 - 2011. We analyze the effect of the number of man-made and natural disaster occurrences on countries' technological change (swift of the frontier) and...