University Geir B. Asheim — Articles

Green national accounting for welfare and sustainability: A taxonomy of assumptions and results

This is an electronic version (in pdf format, 155 KB) of an article published in Scottish Journal of Political Economy. Complete citation information for the final version of the paper, as published in the print edition of Scottish Journal of Political Economy, is available on the Blackwell Synergy online delivery service, accessible via the journalís website at or

This paper summarizes assumptions made and results obtained in parts of the literature on welfare and sustainability accounting. I consider five different assumptions that can be imposed independently of each other, producing 32 different combinations. This taxonomy is used to organize results in welfare and sustainability accounting. The analysis illustrates how stronger results require stronger assumptions and thereby impose harder informational requirements.