Gernot Wagner

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Green Accounting Bibliography: January 1997

This page contains all items published in the selected month. January archives also include entries for the entire year when the exact month of publication is unknown. The page for January 1990 includes everything published prior to that year.

Citations

J. R. Vincent and J. M. Hartwick, "Accounting for the Benefits of Forest Resources: Concepts and Experience," Report prepared for the UN Food and Agricultural Organization Forestry Department, Rome (1997).

Posted by Gernot Wagner on 1/01/1997. 0 comments. Permanent link.

Weitzman, Martin L. and Löfgren, Karl-Gustaf. "On the Welfare Significance of Green Accounting as Taught by Parable." Journal of Environmental Economics and Management, Vol. 32 (1997): 139-153. [abstract]

Extension of the seminal 1976 paper by Weitzman "On the Welfare Significance of Green Accounting in a Dynamic Economy" to include labor-augmenting technological progress.

Posted by Gernot Wagner on 1/01/1997. 0 comments. Permanent link.

Committee on Valuing Ground Water, National Research Council. Valuing Ground Water: Economic Concepts and Approaches, 1997, Washington, D.C., National Academy Press. [full text]

Publisher's description: Because water in the United State has not been traded in markets, there is no meaningful estimate of what it would cost if it were traded. But failing to establish ground water's value--for in situ uses such as sustaining wetlands as well as for extractive uses such as agriculture--will lead to continued overuse and degradation of the nation's aquifers.
In Valuing Ground Water an interdisciplinary committee integrates the latest economic, legal, and physical knowledge about ground water and methods for valuing this resource, making it comprehensible to decisionmakers involved in Superfund cleanup efforts, local wellhead protection programs, water allocation, and other water-related management issues. Using the concept of total economic value, this volume provides a framework for calculating the economic value of ground water and evaluating tradeoffs between competing uses of it. Included are seven case studies where ground-water valuation has been or could be used in decisionmaking.
The committee examines trends in ground-water management, factors that contribute to its value, and issues surrounding ground-water allocation and legal rights to its use. The book discusses economic valuation of natural resources and reviews several valuation methods.
Presenting conclusions, recommendations, and research priorities, Valuing Ground Water will be of interest to those concerned about ground-water issues: policymakers, regulators, economists, attorneys, researchers, resource managers, and environmental advocates.

Posted by Gernot Wagner on 1/01/1997. 0 comments. Permanent link.

Bartelmus, Peter. "The Value of Nature: Valuation and Evaluation in Environmental Accounting. United Nations, Department for Economic and Social Information and Policy Analysis," 1997, Working Paper Series No. 15. [ full text]

Discusses the different concepts of "value" (as used by economists, environmentalists, and accountants), then goes on to discuss valuation techniques, and finally concludes with a section on evaluation; i.e. using green accounts and indicators of sustainable development in actual policy decisions.

Posted by Gernot Wagner on 1/01/1997. 0 comments. Permanent link.

Ackerman, Frank, David Kiron, Neva R. Goodwin, Jonathan M. Harris, and Kevin Gallagher (Eds.). 1997. Human Well-Being and Economic Goals. Frontier Issues in Economic Thought, Volume 3. Island Press. [table of contents, order book]

Compendium of articles related to various aspects of the shortcomings of mainstream economics in aiding policy decisions to maximize human well-being rather than mere economic output. Includes two section directly dealing with the shortcomings of our national income accounting system and several articles focusing on the environment. Part X provides a comprehensive overview of developments in national income accounts including some of the most recent work on alternatives to the SNA as well as extensions in form of satellite accounts.

Posted by Gernot Wagner on 1/01/1997. 0 comments. Permanent link.