Books  Sustainable Development  Economics, Business & Industry  Environmental Economics 

Economic Growth and the Environment: On the Measurement of Income and Welfare

By: Kjell Arne Brekke

Edward Elgar

Hardback | Dec 1997 | #96434 | ISBN: 1858981433
Availability: Usually dispatched within 6 days Details
NHBS Price: £79.00 $101/€94 approx

About this book

Examining both open and closed economies, this book considers the possibility of adjusting traditional economic measures of income and welfare to account for natural resource extraction and environmental degradation. It presents and reviews the limitations of an operational method for measuring income from resource extraction in both of the economies. In the case of closed economies, the discussion considers the relationship between the income and global sustainability. It also considers the measurement of social welfare in relation to environmental issues and resource extraction. Theoretical material is complemented by case studies on petroleum extraction in Norway and soil degradation in Tanzania. The author challenges the view that environmental degradation is best included in welfare measurement, and argues that many of the proposals for adjusted welfare measurements are better interpreted as adjustments of national income.


Contents

Part 1 Introduction. Part 2 National accounting, environment and resources. Part 3 Income in open economies. Part 4 Income in the closed economy. Part 5 Welfare. Part 6 Environmental degradation. Part 7 Conclusion.

Write a review

There are currently no reviews for this product. Be the first to review this product!

Bestsellers in this subject

Nature's Wealth

NHBS Price: £40.99 $52/€49 approx

Natural Capital

NHBS Price: £12.99 $17/€16 approx

Economic Incentives for Marine and Coastal Conservation

NHBS Price: £31.99 $41/€38 approx

What Has Nature Ever Done for Us?

NHBS Price: £9.99 $13/€12 approx

A Field Guide to Economics for Conservationists

NHBS Price: £26.99 $34/€32 approx