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Environmental accounting and the roles of economics

Mohajan, Haradhan and Deb, Suman and Rozario, Steve (2011): Environmental accounting and the roles of economics. Published in: International Journal of Economics and Research , Vol. 3, No. 1 (12 February 2012): pp. 133-140.

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Abstract

This paper is about green accounting. It contains a beneficial economic model where government pursues optimal economic policies. The aim of the paper is to serve as an indicator of wealth changes, performance of environment policy and sustainable use of natural capital. All the services are outputs from natural capital, the change of values of natural wealth. The paper also indicates the present and future production, and use of ecosystem services to indicate the sustainability of natural resources. Accounting prices of goods and services are constructed and are shown to reflect social securities.

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