Forest public goods in national accounts

  • V. Bergen Georg-August-University of Goettingen
Keywords: Public goods of forestry, National accounts, Monetary evaluation, Natural assets, Effects of forests, Performance of forestry

Abstract

The consideration of forest public goods within national accounting requires a depiction of intersectoral relations characterized by market failure. These interrelations do not have monetary equivalents and, thus, are not yet considered in present national accounting. When interpreting these relations as flows of public goods between forestry and other sectors, monetary equivalents may be derived from market simulations. As a consequence, it is necessary to get to an extended definition of the term production including flows of public goods between institutional sectors as well as an extended definition of the term real estates including natural assets.

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Published
2001-12-01
How to Cite
Bergen, V. (2001). Forest public goods in national accounts. Forest Systems, 10(3), 27-42. https://doi.org/10.5424/732
Section
Research Articles