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Green National Accounting: Why and How?

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  • Asheim, G.B.

Abstract

The present paper gives an overview of the theory of green national accounting. Three purposes of green national accounting (measurement of sustainable income, social welfare or net social profit) and two measures (Green NNP and Hicksian income) are considered. It is argued that sustainable income and social welfare correspond to different purposes. Under the assumption of no exogenous technological progress, Green NNP is shown equal to Hicksian income if there is a constant interest rate or if consumption is constant.

Suggested Citation

  • Asheim, G.B., 1998. "Green National Accounting: Why and How?," Memorandum 08/1998, Oslo University, Department of Economics.
    • Handle: RePEc:hhs:osloec:1998_008
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    More about this item

    Keywords

    SOCIAL WELFARE ; ENVIRONMENT ; NATIONAL ACCOUNTING;
    All these keywords.

    JEL classification:

    • E29 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Other
    • Q29 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Other

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