REGIONAL SUSTAINABILITY ACCOUNTING AND THE ENVIRONMENTAL–ECONOMIC BALANCE OF PAYMENTS

Jochen Gassner () and Michael Narodoslawsky ()
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Jochen Gassner: Institute of Resource Efficient and Sustainable Systems, Graz University of Technology, Inffeldgasse 21b, 8010 Graz, Austria
Michael Narodoslawsky: Institute of Resource Efficient and Sustainable Systems, Graz University of Technology, Inffeldgasse 21b, 8010 Graz, Austria

Journal of Environmental Assessment Policy and Management (JEAPM), 2004, vol. 06, issue 04, 565-583

Abstract: Trade induces not only the exchange of money and goods and services between nations. Both directly and/or incorporated in traded goods, resources and environmental pressures are exchanged. It is the aim of this paper to present a way of linking the environmental pressure related to trade, to flows of money and products between nations. After a brief introduction of the Sustainable Economy Indices — a set of indices measuring macroeconomic sustainability — the method of the environmental–economic balance of payments is presented. The accounting system underlying the environmental–economic is outlined and accounts for Austria are calculated.

Keywords: Sustainability indicators; trade and sustainability; ecological balance of payments (search for similar items in EconPapers)
Date: 2004
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DOI: 10.1142/S1464333204001870

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