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Environmental Accounting And Welfare

Author

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  • JOHN LINTOTT

    (South Bank University, 103 Borough Road, London SE1 0AA, United Kingdom)

Abstract

Recent years have seen attempts to design and implement environmental accounts for a number of countries, in response to perceived inadequacies in the existing national income accounts. This has led to much discussion of the feasibility and desirability of different approaches. This paper discusses three key issues: what use is envisaged for environmental accounts? What type of development are they intended to promote? And what view of consumption do they incorporate? The paper concludes that there is a strong case for developing environmental accounts in physical units as a tool of analysis, but that the case for developing accounts in money terms, on the other hand, largely with the aim of arriving at a "Green National Income", is quite weak. If the objective is to monitor progress towards sustainable welfare, the development of a set of social and environmental indicators would be preferable.

Suggested Citation

  • John Lintott, 1999. "Environmental Accounting And Welfare," Journal of Environmental Assessment Policy and Management (JEAPM), World Scientific Publishing Co. Pte. Ltd., vol. 1(02), pages 177-193.
    • Handle: RePEc:wsi:jeapmx:v:01:y:1999:i:02:n:s1464333299000144
    DOI: 10.1142/S1464333299000144
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    Cited by:

    1. Arby, Muhammad Farooq, 2008. "Some Issues in the National Income Accounts of Pakistan (Rebasing, Quarterly and Provincial Accounts and Growth Accounting)," MPRA Paper 32048, University Library of Munich, Germany.

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