Working Paper
Are we measuring natural resource wealth correctly?
Underlying the management of revenues from natural resource extraction is a set of assumptions about how abundant and how valuable these resources are. Nevertheless, existing approaches to measuring the value of extractive resources are seriously...
Working Paper
A New Way of Monitoring the Quality of Urban Life
A growing number of cities around the world have established systems of monitoring the quality of urban life. Many of those systems combine objective and subjective information and attempt to cover a wide variety of topics. This paper introduces a...
Working Paper
The Economic Impact of Climate Change on Road Infrastructure in Sub-Saharan Africa Countries
Climate change scenarios for many Sub-Saharan African countries including Ghana indicate that temperatures will increase while rainfall will either increase or decrease. The potential impact of climate change on economic systems is well-known...
Working Paper
Sustainability and Well-being Indicators
This paper provides a review and critical discussion of indicators, which attempt to combine the measurement of sustainability with that of well-being. It starts with some commonly agreed definitions of sustainability, showing how most well-being...
Working Paper
The Pattern and Valuation Effects of Corporate Diversification
We document that firms in eight East Asian countries and Japan diversify into more segments and engage into more related businesses―as measured by the degree of vertical relatedness and complementarity―than firms in the USA. Using data for the 1990-6...