Green NNP

Economics of Natural Resource Accounting

Authors

  • Vishrut Kansal The author is affiliated with the W.B. National University of Juridical Sciences, Kolkata

Keywords:

Green NNP, Natural Resource Accounting

Abstract

The paper provides a review of some contemporary tools for integrating green concerns in national income accounting and highlights that despite having benefits from Green NNP accounting; the techniques so devised as of now for inclusion of environmental impact in national accounts suffer from various limitations. However, shadow prices of natural capital may be evaluated using these techniques selectively in different satellite accounts, so that the conventional purposes of national income accounts are not adversely impacted and the broader picture of utilization (or exploitation) of natural resources is better surfaced.

References

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Cropper M and Oates W, 'Measuring the benefits and costs of Pollution control' in Ulaganathan Sankar (eds), Environmental economics (1st, OUP, New Delhi 2001)

Dasgupta P, 'Optimal development and the idea of net national product' in Ian Goldin and L.Alan Winters (eds), The Economics of sustainable development (1st, Cambridge University Press, Cambridge 1995)

Kadekodi G, 'Approaches to Natural Resource Accounting in Indian Context' in Gopal K Kadekodi (eds), Environmental economics in practice : case studies from India (1st, OUP, New Delhi 2004)

Markandya A, The Earthscan reader in environmental economics (1st, Earthscan, London 1992)

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United Nations, 'System of Environmental-Economic Accounting (SEEA)' (www.unstats.un.org 2014) <https://unstats.un.org/unsd/envaccounting/see a.asp> accessed 06 March 14

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Published

2014-09-01

How to Cite

Kansal , V. (2014). Green NNP: Economics of Natural Resource Accounting . Journal of Studies in Dynamics and Change (JSDC), 1(5). Retrieved from https://jsdconline.com/journal/jsdc/index.php/home/article/view/41

Issue

Vol. 1 No. 5 (2014): September 2014

Section

Articles

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