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Integrating forest resources into the system of national accounts in Maharashtra, India

Published online by Cambridge University Press:  01 February 2000

G.S. HARIPRIYA
G.S. HARIPRIYA
Affiliation:
Indira Gandhi Institute of Development Research (IGIDR), Gen. A.K. Vaidya Marg, Goregaon (East), Mumbai – 400 065, India, Tel: 91-22-8400919, Fax: 91-22-8402752, e-mail: sneha@igidr.ac.in
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Abstract

The objective of the study is to construct forest resource accounts for the state of Maharashtra in India and incorporate the value of depletion and degradation of forest resources into the system of national accounts (SNA). The net state domestic product (NSDP) is adjusted for the depletion of the forest resources to obtain Environmentally adjusted net state domestic product (ESDP). The results show that the value added by forests is 3.56 per cent of NSDP and the value of depletion is 19.8 per cent of the estimated value added. The ESDP of Maharashtra is found to be 99.3 per cent of the estimated NSDP. The study has demonstrated that, although the existing database needs further improvement, forest resource accounting is feasible for the state of Maharashtra in India and can serve as an indicator of economy's performance.

Keywords

national accountsforestsvaluationenvironmental accounting
Type
Research Article
Information
Environment and Development Economics , Volume 5 , Issue 1 , February 2000 , pp. 143 - 156
Copyright
© 2000 Cambridge University Press

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Footnotes

The author is a Research scholar at the Indira Gandhi Institute of Development Research (IGIDR), Mumbai, India. The paper is a part of the Ph.D. dissertation, which she pursued at the institute and has been presented at the First World Congress of the Resource and Environmental Economists, 25–27 June 1998, Venice, Italy. At the institute I, the author would like to thank Prof. Jyoti K. Parikh, Prof. Kirit S. Parikh and Dr. V.K. Sharma from IGIDR for their valuable comments on the work. She would also like to thank the anonymous referees for their valuable suggestions. Her special thanks to Dr. Vinish Kathuria for correcting the preliminary draft. The usual disclaimer applies.