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


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


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)]

Suggested Citation

  • Sanjeev Sanyal & Haripriya Gundimeda & Rajiv Sinha & Pawan Sukhdev, 2006. "The Value of Timber, Carbon, Fuelwood,and Non-Timber Forest Products in India's Forests," Working Papers id:516, eSocialSciences.
  • Handle: RePEc:ess:wpaper:id:516
    Note: Institutional Papers

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    References listed on IDEAS

    1. 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.
      • William D. Nordhaus & James Tobin, 1972. "Is Growth Obsolete?," NBER Chapters,in: Economic Research: Retrospect and Prospect, Volume 5, Economic Growth, pages 1-80 National Bureau of Economic Research, Inc.
    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. Solow, Robert M, 1986. " On the Intergenerational Allocation of Natural Resources," Scandinavian Journal of Economics, Wiley Blackwell, vol. 88(1), pages 141-149.
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