Assigning Economic Value to Natural Resources

National Research Council

doi:10.17226/4844

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Assigning Economic Value to Natural Resources

(1994)

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There has been a lot of discussion among policymakers, particularly within the Clinton Administration, about how to make U.S. economic indicators, such as GNP, more accurately reflect the state of the environment. This book explores the major issues and controversies involved in incorporating natural resources and the environment into economic accounts. The first section of the volume, based largely on a three-day workshop of experts in the field, explains the possibilities and pitfalls in so-called "green" accounting. This is followed by a selection of nine individually authored papers, including one by Nobel prize winner Robert Solow, that probe scientific aspects of this issues in greater depth.

Contributor(s): National Research Council; Division on Earth and Life Studies; Commission on Geosciences, Environment and Resources; Commission on Geosciences, Environment, and Resources

Topics

Earth Sciences — Natural Resources and Conservation

Suggested Citation

National Research Council. 1994. Assigning Economic Value to Natural Resources. Washington, DC: The National Academies Press. https://doi.org/10.17226/4844.

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Publication Info

196 pages | 8.5 x 11 | Paperback
ISBN: 978-0-309-05143-9
DOI: https://doi.org/10.17226/4844

Chapters		skim
Front Matter	i-x
Overview	1-16
1 An Almost Practical Step Toward Sustainability	17-29
2 What Can Policymakers Learn From Natural Resource Accounting?	30-46
3 The Feasibility of Incorporating Environmental and Natural Resource Availablility Into the National Accounts	47-58
4 Sustainable Resource Accounting	59-66
5 Transfer Models for Green Accounting: An Approach to Environmental Policy Analysis for Sustainable Development	67-110
6 Natural Resource and Environmental Accounting in U.S. Agriculture	111-131
7 Natural Resource Accounting for the Forestry Sector: Valuation Techniques and Policy Implications in Thailand	132-145
8 Soil Quality in Relation to Value and Sustainable Management	146-164
9 Valuing Biodiversity: An Application of Green Accounting	165-178
Appendix: Workshop Planners and Participants	179-186

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