NA/53 National Accounts and the environment: the case for a system's approach

Keuning, Steven J. (1992).The present set of main economic indicators should be extended with one or a few indicators on the state of the environment. This paper lists various reasons why a so-called Green Domestic Product is not suitable for this purpose. Instead, a system's approach should be followed. A National Accounting Matrix including Environmental Accounts (NAMEA) is presented and the way to derive one or more separate indicators on the environment from this information system is outlined.