Constructing a Partially Environmentally Adjusted Net Domestic Product for Sweden 1993 and 1997
An Environmentally adjusted net Domestic Product, EDP, should ideally value not only all “goods” produced during a year, but also all “bads”. This paper is an empirical attempt to show how in practice one can construct an EDP according both to academic theory and the practical guidelines in the forthcoming UN handbook, in which a short version of the paper is included. An EDP, the first of its kind for an industrialised country, is calculated for Sweden for the years 1993 and 1997. Depletion of metal ores, loss of agricultural soils, and increments of stock pollutants, influencing environmental degradation as acidification and eutrophication, have been possible to evaluate monetarily. Current damage caused by pollution emitted the current year, having already affected current productivity and output, is accounted for separately. An accounting scheme following “the polluter pays principle” is used for this purpose, transferring value added between sectors, not affecting the aggregate figure.
|Date of creation:||01 Mar 2001|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 46-(0)8-453 59 00
Fax: 46-(0)8-453 59 80
Web page: http://www.konj.se/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Solow, Robert M, 1986. " On the Intergenerational Allocation of Natural Resources," Scandinavian Journal of Economics, Wiley Blackwell, vol. 88(1), pages 141-49.
- John Hartwick, 1976.
"Intergenerational Equity and the Investing of Rents from Exhaustible Resources,"
220, Queen's University, Department of Economics.
- Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-74, December.
- William D. Nordhaus & James Tobin, 1971.
"Is Growth Obsolete?,"
Cowles Foundation Discussion Papers
319, Cowles Foundation for Research in Economics, Yale University.
- 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 Vol 5: Economic Growth, pages 1-80 National Bureau of Economic Research, Inc.
- Karl-Göran Mäler, 1991. "National accounts and environmental resources," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 1(1), pages 1-15, March.
- M. L. Weitzman, 1974.
"On the Welfare Significance of National Product in Dynamic Economy,"
125, Massachusetts Institute of Technology (MIT), Department of Economics.
- Weitzman, Martin L, 1976. "On the Welfare Significance of National Product in a Dynamic Economy," The Quarterly Journal of Economics, MIT Press, vol. 90(1), pages 156-62, February.
- Hartwick, John M, 1994. " National Wealth and Net National Product," Scandinavian Journal of Economics, Wiley Blackwell, vol. 96(2), pages 253-56.
- John M. Hartwick, 1990.
"Natural Resources, National Accounting and Economic Depreciation,"
771, Queen's University, Department of Economics.
- Hartwick, John M., 1990. "Natural resources, national accounting and economic depreciation," Journal of Public Economics, Elsevier, vol. 43(3), pages 291-304, December.
When requesting a correction, please mention this item's handle: RePEc:hhs:nierwp:0076. 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: (Henrik Hellström)
If references are entirely missing, you can add them using this form.