Improved measure of the contribution of cultivated forests to national income and wealth in South Africa
HASSAN, RASHID M.
An environmental accounting approach is adopted to adjust current measures of national income and net savings in SA for the value of net accumulation in timber and carbon stocks as well as for the value of water abstraction externality of cultivated forests. Results indicated that the said values missing from current measures of income and capital formation are substantial, amounting to about 0.6 per cent of NNP, on average over the study period. Potential VAD lost to agriculture due to water abstraction by cultivated forests was estimated at R104 million per annum, on average since 1981. This estimate, however, did not account for the social costs associated with potential losses of environmental services from affected ecosystems.
In order to set up a list of libraries that you have access to,
you must first login
or sign up.
Then set up a personal list of libraries from your profile page by
clicking on your user name at the top right of any screen.