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Welfare Measurement, Sustainability and Green National Accounting

A Growth Theoretical Approach. New Horizons in Environmental Economics Series

Edited by Thomas Aronsson, etc.
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 1st Jan 1997
Dimensions: w 156mm h 234mm
Weight: 398g
ISBN-10: 1858984858
ISBN-13: 9781858984858
Barcode No: 9781858984858
One of the basic issues of accounting is to augment, or extend the conventional net national product measure so as to obtain a better indicator of welfare. This book extends the usual analysis on social accounting by taking into account technological change, externalities and uncertainty. It analyzes welfare measurement, sustainability and "green accounting" within general equilibrium models. A large part of the book is devoted to welfare measurement in the presence of technological change and external effects which complicate "green accounting" to a considerable extent. In addition to environmental externalities, the authors also discuss external effects arising from investments in human capital and their implications for welfare measurement. Other areas examined are welfare measurement under uncertainty and examples of cost benefit analysis of environmental and other policies.

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