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Environmental Valuation and Accounting—The Indian Perspective

Environmental Valuation and Accounting—The Indian Perspective


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About the Book

Benefits from environmental improvements could be measured either as welfare gains or the costs avoided to society. The preparation of environmental accounts at the macro level and at the micro or project level requires information about the benefits and costs of environmental changes. This book provides this information drawing from some of the research studies carried out at the Institute of Economic Growth, Delhi, India during the last forty years. It presents studies about the valuation of environmental changes not only from the consumers’ perspectives but also studies that take into consideration the producer (production) perspectives. Mainstream environmental and resource economics books contain discussions on standard non-market valuation methods (revealed and stated preference methods) which are based on consumer perspectives for measuring benefits from environmental improvements. These studies provide valuable information for preparing environmental accounts at the national (aggregate) and project (micro) levels. The editors believe, this could be the first book in the area based on sound conceptual and theoretical underpinnings with empirical exercises and will be useful both for undergraduate and postgraduate students, policymakers, and researchers. The book offers some of the best examples of applications of non-market valuation techniques for social cost-benefit analysis in the Indian context. The editors are to be commended on the coverage of topics included and the quality of chapters that makes the book highly accessible to a wide range of readers, including undergraduate and postgraduate students, policymakers, and researchers. — Madhu Khanna, ACES Distinguished Professor Environmental Economics, Alvin H. Baum Family Chair University of Illinois, Urbana-Champaign, USA


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Product Details
  • ISBN-13: 9789332706255
  • Publisher: Academic Foudation
  • Binding: Hardcover
  • No of Pages: 382
  • ISBN-10: 9332706255
  • Publisher Date: 05 Sep 2023
  • Language: English


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