Green Accounting Bibliography: May 2000
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
Nordhaus, William D. New Directions in national Economic Accounting. American Economics Review Vol. 90, No. 2, May 2000: 259-263. [
full text (for AEA members only)]
Presents several extensions to the traditional national income accounts including time use, human capital, and technological capital as well as green accounting. Nordhaus concludes by saying, "The purpose of this discussion has been to give a flavor of the exciting developments and prospects for extending the national economic accounts in new directions. The tentative forays in this field suggest that a full set of nonmarket accounts would provide a richer description of the totality of economic life and will challenge conventional wisdom in many areas."
Posted by Gernot Wagner on 5/01/2000. 0 comments. Permanent link. 
Moulton, Brent R. Getting the 21st-Century GDP Right: What's Underway? American Economics Review Vol. 90, No. 2, May 2000: 253-258. [ full text (for AEA members only)]
Moulton is the Associate Director for National Income, Expenditure, and Wealth Accounts of the Bureau of Economic Analysis and hence responsible for BEA's activities in the area of (environmental) satellite accounts. He describes BEA's past work and plans for the future, which unfortunately exclude any work on its System of Integrated Environmental and Economic Satellite Accounts due to an explicit funding stop from Congress.
Posted by Gernot Wagner on 5/01/2000. 0 comments. Permanent link.
Boskin, Michael J. Economic Measurement: Progress and Challenges. American Economics Review Vol. 90, No. 2, May 2000: 247-252. [ full text (for AEA members only)]
The article describes several improvements in the core national income accounts. Hence, green accounting is left out of the discussion, since it "should be death with in the form of satellite accounting," as Boskin rightfully states. He answers his own question on whether national accounts should be extended to non-market activities by saying, "Nonmarket work time is perhaps the most important area for supplemental information. Natural resources and the environment are close behind."
Posted by Gernot Wagner on 5/01/2000. 0 comments. Permanent link.