Green Accounting in Europe - 9781845421144

Green Accounting in EuropeA Comparative Study, Volume 2\nAuthor(s): Anil Markandya, Marialuisa Tamborra\nFormat: Hardback\nPublisher: Edward Elgar Publishing Ltd, United Kingdom\nImprint: Edward Elgar Publishing Ltd\nISBN-13: 9781845421144, 978-1845421144\nSynopsis\nTraditional measures of economic activity, such as GDP, take no account of damage done to the stock of natural capital by environmental change nor the loss of welfare that economic activity causes through increased pollution. This book predominantly addresses the second question and develops and expands on previous research by the authors (Markandya and Pavan, 1999). Using spatially desegregated data on measures of pollution to derive economic damage estimates, the main purpose of the book is to gauge the environmental damage sustained as a result of economic activities and to offer an insight into how the information generated can be used in conjunction with conventional economic accounts. The first few chapters review .