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National Income and the Environment

  • Geoffrey Heal

    ()

  • Bengt Kriström

    ()

There is a widespread recognition that we need to revise our methods of measuring national income to incorporate better the impact of economic activity on environmental assets. Our aim here is to investigate alternative concepts of national income in a dynamic economy, one a generalization of Hicksian income and the other a generalization of the welfare economics concept of income as the value of output at equilibirum prices.

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Paper provided by Swedish University of Agricultural Sciences, Department of Forest Economics in its series Working Paper Series with number 03/332.

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Length: 102p
Date of creation: Mar 2003
Date of revision:
Handle: RePEc:hhs:slufec:2003_332
Contact details of provider: Postal: Department of Forest Economics, Swedish University of Agricultural Sciences, SE 901 83 Umeå, Sweden
Phone: 090-786 62 68
Fax: 090-786 60 73
Web page: http://www.sekon.slu.se
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