Economic accounting system should include natural resources and environment, Panel recommends

18 Environment and Economic Accounting

18.1 INTRODUCTION Environment and Economic Accounting has many meanings and uses. It can support national income accounting, financial accounting, or internal business managerial accounting. Environment and Economic Accounting refers to the use of data about environmental costs and performances in various operations (projects, business etc.). Why do environmental accounting? As indicated in the...

Natural Resources and Economic Growth

This paper develops a one-sector endogenous growth model in which renewable natural resources are postulated as both a factor of production and as a measure of environmental quality. We show that sustained economic growth and a non-deteriorating environment can coexist along the economy’s balanced growth path. Moreover, the output growth rate is positively related to the steady-state level of n...

Population , Natural Resources and Environment

Population-environment studies have implicitly permeated demography but only until the mid-20 century has the debate been rekindled and research expanded. This article reviews the origins and history of the population-environment debate and attempts to provide insight into the most recent approaches and methodology. Beginning with the most traditional relationships established between demograph...

Tourism And Natural Resources

The Roles of the Environment and Natural Resources in Economic Growth Analysis

The primary aim of this paper is pedagogical. We first present and discuss a “wiring diagram” framework in order to elucidate the general links between economic growth and "natural capital." After developing the general framework, we develop parallel frameworks applicable to several specific sectors of the economy (agriculture, forestry, and manufacturing). Two appendices provide a mathematical...