IDEAS home Printed from https://ideas.repec.org/a/icf/icfjme/v08y2010i3p46-60.html
   My bibliography  Save this article

Green Accounting: Issues and Challenges

Author

Listed:
  • Himanshu Sekhar Rout

Abstract

National income measures like Gross Domestic Product (GDP) and Net Domestic Product (NDP) have been used as measures of the economic progress and standard of living in almost all countries for a long time. Decision makers and researchers use these measures for new policy initiatives and to analyze policy alternatives respectively. The traditional Systems of National Accounting (SNA) are now recognized as inadequate, as they cannot accurately measure the contribution of environment and the impact of economic activities on it due to the exclusion of the non-marketed services provided by natural assets, inconsistent treatment of depreciation on man-made and natural assets, and inadequate representation of the degradation of environment. This gives a false impression of increase in income to the decision makers and researchers, while natural wealth is actually reducing. Hence, green accounting can be useful for sustainable national income accounting and in removing the current biases.

Suggested Citation

  • Himanshu Sekhar Rout, 2010. "Green Accounting: Issues and Challenges," The IUP Journal of Managerial Economics, IUP Publications, vol. 0(3), pages 46-60, August.
  • Handle: RePEc:icf:icfjme:v:08:y:2010:i:3:p:46-60
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    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:icf:icfjme:v:08:y:2010:i:3:p:46-60. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (G R K Murty). General contact details of provider: .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.