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Concerns about sustainability have brought environmental economics
to the foreground. These volumes are particularly concerned with
issues relating to the long-term depletion of non-renewable
resources.
This clear and concise Advanced Introduction to National Accounting
explores the post-1960 modernization of national accounting. John
M. Hartwick offers insights into the arrival of Total Factor
Productivity (TFP) and user cost, highlighting the importance of
Tornqvist index numbers and translog production, cost and utility
functions in its modernization. Key features include: an
exploration of personal income distribution and national accounting
an exposition of the links between various forms of utility
functions and index numbers a chapter devoted to the incorporation
of the decline in stocks of natural capital into the national
accounts a report on the measurement of welfare and GDP change
arising from technical change and shifts in a nation's terms of
trade. An important read for economics and accounting scholars,
this Advanced Introduction offers useful insights to the key topics
around national accounting. It will be a helpful tool for students
on advanced macroeconomics and economics of natural resources
courses.
This clear and concise Advanced Introduction to National Accounting
explores the post-1960 modernization of national accounting. John
M. Hartwick offers insights into the arrival of Total Factor
Productivity (TFP) and user cost, highlighting the importance of
Tornqvist index numbers and translog production, cost and utility
functions in its modernization. Key features include: an
exploration of personal income distribution and national accounting
an exposition of the links between various forms of utility
functions and index numbers a chapter devoted to the incorporation
of the decline in stocks of natural capital into the national
accounts a report on the measurement of welfare and GDP change
arising from technical change and shifts in a nation's terms of
trade. An important read for economics and accounting scholars,
this Advanced Introduction offers useful insights to the key topics
around national accounting. It will be a helpful tool for students
on advanced macroeconomics and economics of natural resources
courses.
National Accounting and Capital presents definitive solutions to
current problems in national accounting practice. Professor
Hartwick deals expertly with problems in accounting natural
capital, financial capital and skills capital and communicates his
solutions in specially designed national accounting tables or
matrices. Key issues discussed include: * new developments in the
theory of green national accounting, particularly the place of
natural resource stocks in the national accounts * the relationship
between dollar valued net national product and sustainable income *
an extension of standard treatments of capital, (buildings,
machines, etc.), in the national accounts to deal with natural
resources, human capital, and financial capital, (equities of banks
and other firms and loans from banks to firms) * the sustainability
of the current path of an economy * the role of capital gains on
'new' types of capital in the expression for net national product
In addition, Professor Hartwick indicates how to deal with certain
long-standing issues involving services to banks in the national
accounts. The accounts are always expressed in a national
accounting matrix and this makes for consistency in style. He
wishes to persuade readers of the value of this approach. This book
will be of immense use to scholars of national and environmental
accounting and practitioners in government statistical agencies,
the UN, the World Bank and the IMF.
This research review departs from Solow's 1957 seminal paper on the
measurement of technical change. It studies the idea into the
comprehensive development of total factor productivity and the
index number innovations. It also analyses the measurement of
productivity growth and the usefulness of GDP measurement as well
as perennial problems in measurement of output of certain sectors
and of certain processes in an economy.
This textbook offers a rigorous, calculus based presentation of the
complexities of urban economics, which is suitable for students who
are new to the subject. It focuses on structural details and
explains the elements that make cities such highly productive
entities, and also explores explores the mechanisms of labour
productivity enhancement that are unique to cities. Written with a
focus on location theory, key topics include: How cities are
arranged; Housing prices; Urban transportation; Why some cities
grow rapidly whilst others decline; How wages adjust to local costs
of living; How suburbs function in relationship to the urban core;
Public finance. This book will be essential reading for Urban
Economics courses at both undergraduate and postgraduate level.
This textbook offers a rigorous, calculus based presentation of the
complexities of urban economics, which is suitable for students who
are new to the subject. It focuses on structural details and
explains the elements that make cities such highly productive
entities, and also explores explores the mechanisms of labour
productivity enhancement that are unique to cities. Written with a
focus on location theory, key topics include: How cities are
arranged; Housing prices; Urban transportation; Why some cities
grow rapidly whilst others decline; How wages adjust to local costs
of living; How suburbs function in relationship to the urban core;
Public finance. This book will be essential reading for Urban
Economics courses at both undergraduate and postgraduate level.
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