Extensions of the sna-type systems, Public Economics

Extensions of the SNA-type Systems

The fourth group builds upon the existing SNA and covers all the sectors that interact with the environment rather than focusing on just one element of the conventional accounts such as depreciation or pollution expenditure accounting. Examples of such an approach are the United Nations Satellite System of Integrated Environmental and Economic Accounting (SEEA) and Environmental and Natural Resource Accounting Framework (ENRAP) (also referred to as Peskin framework).

Both the approaches require sector-specific information on the use of environmental assets, and are concerned with the management and score-keeping functions of accounting. But the principal difference between these two lies in the extent of their adherence to SNA concepts. SEEA appears much more concerned with adherence to the principle of SNA than to economic theory. The ENRAP framework, on the other hand, stresses more on the consistency with economic d theory than with the SNA (Peskin, 1998).

The SEEA attempts to overcome the limitations of the SNA by reclassifying the elements in other volume changes so as to include them in the calculation of NDP. In the absence of international consensus on how to incorporate environmental assets and the costs and benefits of their use into national accounts, the United Nations Statistical Division approved the "satellite" System of Integrated Environmental and Economic Accounting framework rather than modifying the core SNA itself. The satellite system becomes a link between the SNA and the accounts describing the natural environment. The main success of SEEA is because of its close integration with the SNA and also due to its ability to address various flaws of conventional national accounts by means of alternative versions or modules. The building block approach allows SEEA users to choose among different approaches according to their priorities and statistical capabilities.

Posted Date: 12/18/2012 2:23:54 AM | Location : United States







Related Discussions:- Extensions of the sna-type systems, Assignment Help, Ask Question on Extensions of the sna-type systems, Get Answer, Expert's Help, Extensions of the sna-type systems Discussions

Write discussion on Extensions of the sna-type systems
Your posts are moderated
Related Questions
Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

3 voters, A, B, and C, will decide by majority rule whether to pass bills on issues X and Y. Every of the two issues will be voted on indiviually. The change in net profits (in dol

According to estimates by Goolsbee and Petrin (2004), the elasticity of demand for basic cable service is ?0.51, and the elasticity of demand for direct broadcast satellites is ?7.

What are the objectives of pubic finance

QUESTION (i) ‘The area of E-Government encompasses three major domains. These domains address the problems that Government is too inefficient and ineffective; too selfserving a

As we know now that in policy process, policy outcome may differ from the social planner outcome not only because different policies may be chosen but because a given policies may


Normal 0 false false false EN-IN X-NONE X-NONE MicrosoftInternetExplorer4

Q. Define Heterogeneity? We know that breaking of the assumptions of homogeneity of agents, in welfare economics, makes it difficult to define social welfare function. Breakin