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Integrating forest resources into national accounts in Karnataka, India
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In this article, an integrated economic and natural resource by compiling forest resources and integrating into the national accounts in the state of Karnataka, India is presented, where the omitted contribution of natural forests were included in the official GDP for 2010, they include an increase in value add from the forest of 0.93 million of NSDP and value depletion is 1.5 million of the estimated value added.Abstract:
The effort to correct the national accounts in order to calculate NNP or related ‘Green GDP’ concepts, known as natural resource accounting, has been a lively research area recently. Natural resource accounting aims to provide indicators for the sustainability of current economic activity. The objective of the paper is an integrated economic and natural resource by compiling forest resources and integrating into the national accounts in the state of Karnataka, India. Results from the forest asset account for volume of standing timber indicate an increase of 5.056 million tones in biomass in accounting period. When the omitted contribution of natural forests were included in the official GDP for 2010, they include an increase in value add from the forest of 0.93 million of NSDP and the value depletion is 1.5 million of the estimated value added. The result of the study has justified the need for development and indicators for sustainable forest management in Karnataka.read more
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Does NNP growth indicate welfare improvement
TL;DR: In this paper, the authors show that instantaneous increases in real NNP over time are an accurate indicator of true dynamic welfare improvements, and they highlight a connection between the theory of green (or comprehensive) national income accounting and real price indices.
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Human Well-Being and the Natural Environment
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Forest Resource accounting: an overview and Indian perspective.
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TL;DR: In this article , the authors have estimated the total annual value of provisioning, regulating and cultural services of Biligiri Rangaswamy Temple Wildlife Sanctuary (BRTWLS) at Rs 23.9 million y-1.
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Forest resource accounting: Physical accounts and monetary accounts for sugar palm in South Sulawesi, Indonesia
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TL;DR: The authors analyzed a balance sheet giving a profile of what stocks of the sugar palm (Arenga pinnata) resource are available at a given point in time and prepare an account of what uses are made of these stocks, what sources they are derived from and how they are added to or transformed over time.
References
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Book
Economics of Natural Resources and the Environment
David Pearce,R. Kerry Turner +1 more
TL;DR: In this article, the economics of pollution and optimal depletion rates for natural resources are discussed, and a comprehensive and popular textbook for undergraduate students of environmental economics is presented. The book deals fully with the orthodox theorems of the economics, and also appeals to geographers and environmentalists.
Book
Blueprint for a green economy
TL;DR: The meaning of sustainable development is defined in this article as "the value of the environment" and "valuing the environment", and it is defined as "a way of thinking about the future rather than the past".
Book
Economic theory and exhaustible resources
Partha Dasgupta,Geoffrey Heal +1 more
TL;DR: In this paper, the authors present a preview of resource allocation in a timeless world with an introduction to exhaustible resources and an analysis of the optimal depletion of the exhaustible resource in a competitive economy.
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Intergenerational equity and exhaustible resources
TL;DR: In this article, the authors consider the question of how the burden of capital accumulation and of raising the standard of civilization is to be shared between generations, i.e. the question that arises in the theory of optimal capital accumulation, and argue that it is not possible to define precise limits on what the rate of savings should be.