haku: @author Turner, P. / yhteensä: 4
viite: 2 / 4
| Tekijä: | Turner, P. Tschirhart, J. |
| Otsikko: | Green accounting and the welfare gap |
| Lehti: | Ecological Economics
1999 : JUL, VOL. 30:1, p. 161-175 |
| Asiasana: | ECOLOGY ACCOUNTING WELFARE |
| Kieli: | eng |
| Tiivistelmä: | Although gross domestic product (GDP) is not intended to be a measure of social welfare, it is often used as such. One shortcoming as a welfare measure is that it fails to account for the non-marketed value of natural resource flows. The difference between societal welfare and GDP is labelled the "welfare gap". A model that accounts for both market and non-income market flows from natural capital is used to examine this gap. Societal welfare depends on private goods and the stock of natural capital. |
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