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| Author: | Torras, M. |
| Title: | The total economic value of Amazonian-deforestation, 1978-1993 |
| Journal: | Ecological Economics
2000 : MAY, VOL. 33:2, p. 283-298 |
| Index terms: | ECOLOGY ECONOMICS VALUATION |
| Language: | eng |
| Abstract: | National income accounting has been criticized because of its failure to encompass the notion of sustainability. Several studies address this problem through "green" income accounting -- i.e., by adjusting conventionally measured GDP for reduction in a given country's "stock" of natural resources. These studies generally base value on the unit net price of the resource. Other studies go beyond net price, emphasizing a natural resource's total economic value. |
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