This paper describes concept and construction of environmentally Extended Social Accounting Matrix (ESAM) for India for 2006-07. In our ESAM, there are 35 sectors, 9 household occupational categories. The ESAM shows inter relationship between the economic activities as well as their impact on...

We try to build a macroeconomic index, that includes some non-market variables, to be compared to the traditional GDP. Over the last twenty years answers to the welfare accounting problem have been different. Economists have used dynamic optimisation to rigorously derive an index that can be...