Should we pursue measurement of the natural capital stock?

Authors
England, RW
Citation
Rw. England, Should we pursue measurement of the natural capital stock?, ECOL ECON, 27(3), 1998, pp. 257-266
Citations number
32
Categorie Soggetti
Environment/Ecology,Economics
Journal title
ECOLOGICAL ECONOMICS
ISSN journal
09218009 → ACNP
Volume
27
Issue
3
Year of publication
1998
Pages
257 - 266
Database
ISI
SICI code
0921-8009(199812)27:3<257:SWPMOT>2.0.ZU;2-A
Abstract
This paper critically surveys earlier definitions of the natural capital co ncept and several preliminary attempts to measure it. Utilizing Georgescu-R oegen's thoughts on funds, flows and stocks, I offer several (hopefully rig orous) definitions of natural capital. I close by arguing that measurement of ISEW, not of total natural capital, should be a priority of ecological e conomists. (C) 1998 Elsevier Science B.V. All rights reserved.