National accounts and environmental resources
AbstractIn the paper, optimal growth theory is used to derive the appropriate definition of the net national product concept, when there are environmental resources and environmental damage to take into account. The basic conclusions are that conventional defined NP should be corrected by deducting environmental damage and adding the value of the net change of all resources. Copyright Kluwer Academic Publishers 1991
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Bibliographic InfoArticle provided by European Association of Environmental and Resource Economists in its journal Environmental & Resource Economics.
Volume (Year): 1 (1991)
Issue (Month): 1 (March)
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Web page: http://www.springerlink.com/link.asp?id=100263
National growth theory; national accounting systems;
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