Skip to main content

Application of forest resource valuation and accounting system: A case of forest resources of Sikkim, India

Buy Article:

$18.00 plus tax (Refund Policy)

Abstract:

The conservation and sustainable use of forest resources is emerging as an issue of great national and global concern. Forest resources worldwide, and particularly in developing countries, are prone to various threats. In the past few decades, recording of forest benefits was one of the major prioritized concerns. Proper forest resource valuation and accounting would help better understanding of the stock and flow of the forest resources and thus represent the status of forests resources not only in quantitative/qualitative terms but also in monetary terms. The article presents two case studies to highlight the conventional system of forest resource accounting (FRA); estimate the values of various forests goods and services; and reflect on the extent of distortion in the existing system of FRA. It also presents an approach for improving the conventional system of FRA through incorporation of unrecorded forest benefits.

Keywords: India; Sikkim; forest resource accounting; forestry sector; green GDP accounts; recorded and unrecorded forest benefits; valuation of forests benefits and costs

Document Type: Research Article

DOI: https://doi.org/10.1386/tmsd.11.2.155_1

Affiliations: 1: Indian Institute of Forest Management 2: India Natural Resource Economics and Management Foundation

Publication date: 2012-06-01

More about this publication?
  • The International Journal of Technology Management and Sustainable Development supports new philosophies on technology and development, their relationship to globalisation, and the problems of world poverty and environmental degradation. The journal explores global, social, economic and environmental conditions in relation to shifts in technology and market paradigms.
  • Editorial Board
  • Information for Authors
  • Subscribe to this Title
  • Ingenta Connect is not responsible for the content or availability of external websites
  • Access Key
  • Free content
  • Partial Free content
  • New content
  • Open access content
  • Partial Open access content
  • Subscribed content
  • Partial Subscribed content
  • Free trial content
UA-1313315-26
Cookie Policy
X
Cookie Policy
Ingenta Connect website makes use of cookies so as to keep track of data that you have filled in. I am Happy with this Find out more