Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/90804 
Authors: 
Year of Publication: 
1998
Series/Report no.: 
Memorandum No. 08/1998
Publisher: 
University of Oslo, Department of Economics, Oslo
Abstract: 
The present paper gives an overview of the theory of green national accounting. Three purposes of green national accounting (measurement of sustainable income, social welfare or net social profit) and two measures (Green NNP and Hicksian income) are considered. It is argued that sustainable income and social welfare correspond to different purposes. Under the assumption of no exogenous technological progress, Green NNP is shown equal to Hicksian income if there is a constant interest rate or if consumption is constant.
Subjects: 
social welfare
environment
national accounting
JEL: 
E29
Q29
Document Type: 
Working Paper

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