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Measuring Green GDP of India:A Way Forward to Develop Data Base


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1 Institute of Economic Growth, Delhi 110007, India
     

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Measuring wealth or income in India accounting for the contribution of natural resource stocks using the recently developed methodologies requires the development of a comprehensive database. A top-down approach of developing these accounts may not be feasible in big countries like India. A bottom-up approach in developing these accounts could ensure to take into account region-specific values of environmental changes. Database could be generalized by extending database of ASI accounts, input-output accounts, the cost of cultivation accounts of agriculture and NSS consumer expenditure accounts.
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  • Measuring Green GDP of India:A Way Forward to Develop Data Base

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Authors

M. N. Murty
Institute of Economic Growth, Delhi 110007, India
Manoj Panda
Institute of Economic Growth, Delhi 110007, India

Abstract


Measuring wealth or income in India accounting for the contribution of natural resource stocks using the recently developed methodologies requires the development of a comprehensive database. A top-down approach of developing these accounts may not be feasible in big countries like India. A bottom-up approach in developing these accounts could ensure to take into account region-specific values of environmental changes. Database could be generalized by extending database of ASI accounts, input-output accounts, the cost of cultivation accounts of agriculture and NSS consumer expenditure accounts.

References





DOI: https://doi.org/10.21648/arthavij%2F2016%2Fv58%2Fi3%2F147833