IDEAS home Printed from https://ideas.repec.org/a/cup/endeec/v19y2014i04p466-486_00.html
   My bibliography  Save this article

Using index numbers for deflation in environmental accounting

Author

Listed:
  • Muller, Nicholas Z.

Abstract

Systematic trends in the general price level of goods and services are the subject of extensive measurement and significant interest among researchers, policy makers and the general public. Dynamic price measurement is also important in environmental accounting in that real measures of augmented output are required to draw inferences on sustainability. This paper computes price indices for emissions of five air pollutants in the United States. Using marginal damages, the paper computes Paasche, Laspeyres, Fisher and Tornquist index numbers for five air pollutants spanning the period 1999–2008 for use in computing real environmental accounts. Evidence of time series heterogeneity in the marginal damages is detected: marginal damages for nitrogen oxides increase by a factor of two and marginal damages for NH3 decrease by one-half. The analysis finds that nominal gross damages from air pollution in the United States decrease by 40 per cent between 1999 and 2008.

Suggested Citation

  • Muller, Nicholas Z., 2014. "Using index numbers for deflation in environmental accounting," Environment and Development Economics, Cambridge University Press, vol. 19(4), pages 466-486, August.
    • Handle: RePEc:cup:endeec:v:19:y:2014:i:04:p:466-486_00
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1355770X1300048X/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Moriah Bostian & Tommy Lundgren, 2022. "Valuing Ecosystem Services for Agricultural TFP: A Review of Best Practices, Challenges, and Recommendations," Sustainability, MDPI, vol. 14(5), pages 1-19, March.
    2. Adler, David B. & Jha, Akshaya & Severnini, Edson, 2020. "Considering the nuclear option: Hidden benefits and social costs of nuclear power in the U.S. since 1970," Resource and Energy Economics, Elsevier, vol. 59(C).
    3. Don Fullerton & Daniel H. Karney, 2014. "Multiple Pollutants, Uncovered Sectors, and Suboptimal Environmental Policies," NBER Working Papers 20334, National Bureau of Economic Research, Inc.
    4. Fullerton, Don & Karney, Daniel H., 2018. "Multiple pollutants, co-benefits, and suboptimal environmental policies," Journal of Environmental Economics and Management, Elsevier, vol. 87(C), pages 52-71.
    5. Jaramillo, Paulina & Muller, Nicholas Z., 2016. "Air pollution emissions and damages from energy production in the U.S.: 2002–2011," Energy Policy, Elsevier, vol. 90(C), pages 202-211.
    6. Brown, Marilyn A. & Herrera, Valentina Sanmiguel, 2021. "Combined heat and power as a platform for clean energy systems," Applied Energy, Elsevier, vol. 304(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:endeec:v:19:y:2014:i:04:p:466-486_00. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/ede .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.