Document Type : opinion article

Author

• Fatemeh Arbabi

BSc Student in Accounting, Farabi Campus, University of Tehran

Abstract

A framework has been developed to adjust sectoral accounts for the purpose of estimating the environmental externalities of agriculture and forestry in the UK, as a basis for national income accounting. The assessment of positive and negative environmental impacts utilizes both revealed and stated preference valuations. The proposed approach seeks to adjust the national accounts for agriculture and forestry by first assessing the physical significance of the relevant externalities (in terms of land allocations and physical pollutants) and then valuing them using existing studies.

Keywords

• Environmental Accounting
• Agricultural and Forestry Accounting
• Environmental Quality

Main Subjects

• Accounting