Scandinavian Working Papers in Economics

Memorandum,
Oslo University, Department of Economics

No 31/2002: Green national accounting for welfare and sustainability: A taxonomy of assumptions and results

Geir Asheim ()
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Geir Asheim: Dept. of Economics, University of Oslo, Postal: Department of Economics, University of Oslo, P.O Box 1095 Blindern, N-0317 Oslo, Norway

Abstract: This paper summarizes assumptions made and results obtained in parts of the literature on welfare and sustainability accounting. I consider five di®erent assumptions that can be imposed independently of each other, producing 32 di®erent combinations. This taxonomy is used to organize results in welfare and sustainability accounting. The analysis illustrates how stronger results require stronger assumptions and thereby impose harder informational requirements.

Keywords: National accounting; dynamic welfare; sustainability

JEL-codes: C43; O47; Q01

24 pages, June 19, 2003

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