Proposed treatments of the environment and natural resources in the National Accounts: CS16-503/7E-PDF

a critical assessment /

"Critics of the treatment of the environment in the national accounts have generally taken one of three approaches: (i) that product is incorrectly measured, and therefore Gross Domestic Product should be adjusted; (ii) that depreciation is incorrectly or incompletely measured, and therefore Net Domestic Product should be adjusted; and (iii) that wealth is incompletely measured, so that the measure of National Wealth should be expanded. This article assesses these approaches in turn, comments on common issues in the valuation of environmental deterioration and resource depletion, and offers some thoughts on the measurement of economic sustainability"--p. 1.

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Department/Agency Statistics Canada. National Accounts and Environment Division.
Title Proposed treatments of the environment and natural resources in the National Accounts
Subtitle a critical assessment /
Series Title Discussion paper = Document de travail ;
Publication Type Series - View Master Record
Language [English]
Format Electronic
Electronic Document

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Note Digitized edition from print [produced by Statistics Canada].
Date 1991.
Number of Pages 12 p.
Catalogue Number
  • CS16-503/7E-PDF
Departmental Catalogue Number 16-503E
Subject Terms Public accounts, Natural resources, Sustainable development