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The Value of Timber, Carbon, Fuelwood,and Non-Timber Forest Products in India's Forests

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  • Sanjeev Sanyal
  • Haripriya Gundimeda
  • Rajiv Sinha
  • Pawan Sukhdev
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    Abstract

    Accounting for forest wealth is an important ingredient in creating a framework for analysing policy trade-offs. This study describes forestry-related stocks and flows in terms of land area (under forest), physical volume (of timber and carbon) and, finally, monetary values. The study has demonstrated that forest resource accounting is feasible in India at a disaggregate level using a ‘top-down’ approach and provides an interesting view of how different regions are doing when their performance is measured on a sustainability yardstick. [Monograph 1 of the Green Accounting for Indian States Project (GAISP)]

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    Bibliographic Info

    Paper provided by eSocialSciences in its series Working Papers with number id:516.

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    Date of creation: May 2006
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    Handle: RePEc:ess:wpaper:id:516

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    Keywords: forst wealth; timber; non-timber forest products; firewood; minor produce; green accounting; forest resource; Economics; Indian Economy;

    References

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    1. M. L. Weitzman, 1974. "On the Welfare Significance of National Product in Dynamic Economy," Working papers, Massachusetts Institute of Technology (MIT), Department of Economics 125, Massachusetts Institute of Technology (MIT), Department of Economics.
    2. Landefeld, J Steven & Hines, James R, 1985. "National Accounting for Non-renewable Natural Resources in the Mining Industries," Review of Income and Wealth, International Association for Research in Income and Wealth, vol. 31(1), pages 1-20, March.
    3. Maler, Karl-Goran, 1986. " On the Intergenerational Allocation of Natural Resources: Comment," Scandinavian Journal of Economics, Wiley Blackwell, Wiley Blackwell, vol. 88(1), pages 151-52.
    4. Svensson, Lars E O, 1986. " On the Intergenerational Allocation of Natural Resources: Comment," Scandinavian Journal of Economics, Wiley Blackwell, Wiley Blackwell, vol. 88(1), pages 153-55.
    5. Solow, Robert M, 1986. " On the Intergenerational Allocation of Natural Resources," Scandinavian Journal of Economics, Wiley Blackwell, Wiley Blackwell, vol. 88(1), pages 141-49.
    6. William D. Nordhaus & James Tobin, 1972. "Is Growth Obsolete?," NBER Chapters, in: Economic Research: Retrospect and Prospect Vol 5: Economic Growth, pages 1-80 National Bureau of Economic Research, Inc.
      • William D. Nordhaus & James Tobin, 1973. "Is Growth Obsolete?," NBER Chapters, in: The Measurement of Economic and Social Performance, pages 509-564 National Bureau of Economic Research, Inc.
    7. Munshi, K.D. & Parikh, K.S., 1990. "Milk Supply Behavior In India: Data Integration, Estimation And Implications For Dairy Development," Papers, Indira Gandhi Institute of Development Research- 38, Indira Gandhi Institute of Development Research-.
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