The main aim of this study is to develop an accounting framework that reflects the real contribution of agricultural land and pastureland to society. The more specific objectives are to: 1 estimate the value of the stocks and flows of agricultural land and pastureland; 2 incorporate the loss in...

Accounting for forest wealth is an important ingredient in creating a framework for analysing policy trade-offs. This study describes forestry-related stocks and flows in terms of land area (under forest), physical volume (of timber and carbon) and, finally, monetary values. The study has...

Education is an important component of economic activity, although investment in education is only one of the many forms of investment in human capital. The idea behind this is that investment in human beings, like investment in tangible forms of capital such as buildings and industrial...

This paper attempts to value the biodiversity functions of India’s natural ecosystems and suggest a method to adjust national (GDP) and state income (GSDP) accounts. The main objectives of this study are: (1) Identify appropriate indicators to assess the state of biodiversity in different...

Purpose: The Indian leather industry contributes to economic growth at a significant environmental cost. Due to the rising global demand for sustainable leather products, promoting efficient input utilisation has become vital. This study measures input efficiency and its determinants for...