By Cesare Costantino (auth.), Ignazio Musu, Domenico Siniscalco (eds.)
In contemporary years, analysts, researchers and environmental coverage makers were confronted with a significant scarcity of empirical information on environmental phenomena. in truth, the data accumulated via a number of businesses has now not but been systematically categorized right into a constant procedure of debts.
This booklet offers the result of a joint examine attempt by way of the Fondazione Eni Enrico Mattei and Italy's vital Statistical workplace (ISTAT) to layout a process of debts for ordinary and environmental assets. The ensuing environmental debts may be built-in with the present approach of nationwide debts, to be able to estimate the so-called `green GDP' or `net nationwide product' (NNP).
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Moreover, a common methodology to formulate comparable indicators should be adopted at the international level. , C. Stahmer, J. van Tongeren, "Integrated Environmental and Economic Accounting: Framework for a SNA Satellite System", Review of Income and Wealth, 1991, pp. 111-148. , "La contabilita ambientale: Analisi di alcuni aspetti teorici ed implicazioni per la politica economica ambientale", 1993, in 1. Musu, D. Siniscalco, National Accounting and the Environment, 1993. , "The Index for Sustainable Economic Welfare", appendix to: Forthe Common Good, The Merlin Press, London, 1990, pp.
Such a system, based on the environmental expenditures of different agents, is particularly useful both for a monetary evaluation of the environmental protection efforts and for evaluating the cost of different environmental policies (which force economic agents to bear environmental expenditures) and their impact on different sectors of the economy. Moreover, the joint representation of monetary data on the cost of reducing pollutants and physical data on the qualitative and quantitative levels of emissions and waste facilitates the evaluation of the efficacy of defensive expenditures and environmental policies.
Therefore, the main characteristic of the Japanese approach is its monetary valuation of the residual environmental damage which, if not revealed, would lessen the accuracy of a welfare index based only on defense expenditures. 5 Finally, EUROSTAT is undertaking a study on a particular subgroup of defensive environmental expenditures: the cost of protecting the environment. The first results of this study have been published in a preliminary report on the collection and classification system of environmental-economic information, SERIEE (Eurostat, 1992).
National Accounts and the Environment by Cesare Costantino (auth.), Ignazio Musu, Domenico Siniscalco (eds.)