Valuing forest services missing from the national accounts: The contribution of cultivated forests to wealth accumulation in Swaziland

Hassan, Rashid M.; Ngwenya, Phindile

doi:10.1016/j.forpol.2005.06.013

Cited by 5 publications

(3 citation statements)

References 14 publications

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“…From the perspective of economic value accounting, such forest resources can be temporarily ignored, but from the perspective of ecological sustainable development of the whole country or region, the ecological value of such forest resources should be considered. The main body of value accounting can be the government department of the country or the region where it is located (Hassan and Ngwenya, 2006).…”

Section: Scope Of Accounting For Forest Resourcesmentioning

confidence: 99%

Theory and Method of Ecological Value Accounting of Forest Resources

Zhu

Liang

et al. 2023

JES

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Forest resources, as one of the most important natural resources, have high ecological value. The calculation of their ecological value is an important part of improving the accounting of natural resources assets. Based on the analysis of the basic situation of China's forest resources, this paper starts from the economic theory of forest resources, discusses the principle of forest resources in national economic operation, analyzes the output, value, price and other issues of forest resources, and probes into the necessity of studying forest resources. Then, based on the purpose of compiling the balance sheet of natural resources, the forest resources accounting theory was studied from the aspects of subject and object, scope, table design and so on. On the basis of relevant theoretical research, the main ecological functions of different types of forest resources are discussed. In practical calculation, the parameters of some accounting methods are adjusted to adapt to the local situation. Some methods of ecological value calculation such as soil conservation and water conservation are put forward, and some ideas for further improvement are put forward. Finally, taking Qiandao Lake as an example, the ecological value of its forest resources is calculated. Through calculation, the annual soil conservation value of Qiandao Lake forest resources was obtained. Combined with the research conclusion and practice progress, the future research prospect is put forward.

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Section: Scope Of Accounting For Forest Resourcesmentioning

confidence: 99%

Theory and Method of Ecological Value Accounting of Forest Resources

Zhu

Liang

et al. 2023

JES

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“…The second most used framework is green accounting (14% of articles), also referred to as welfare accounting, that encompasses research conducted mostly by economists, with theoretical developments on welfare (El Serafy, 1998;Cairns, 2000;Dasgupta, 2009;Arrow et al, 2012;Mäler, 1991) and practical applications that have produced for example the Genuine Savings, which extends a nation's capital stock to include natural capital, implemented in most countries of the world (e.g. Hassan andNgwenya, 2006 in Swaziland, or Lange et al, 2018 for a global picture). The main difference between the green accounting literature and the SEEA is their approach to monetary valuation.…”

Section: Overview Of Published Ecosystem Accountsmentioning

confidence: 99%

Ecosystem accounting: Past scientific developments and future challenges

et al. 2022

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“…The economic stability has a direct impact on the growth and development of a nation, and South Africa is not an exception in this respect (Santangelo, 2018; Carmody, 2019). South Africa, originally called as Republic of South Africa (RSA) is a fast‐evolving nation (Hassan and Ngwenya, 2006; Abata and Migiro, 2016; Kotze et al ., 2020); and it is acclaimed as one of the prominent economies in the African continent (Poonyth et al ., 2001; Adeyeye et al ., 2017; Niyimbanira et al ., 2020). Its growth in terms of science, technology and innovation especially connected to Industry 4.0 is adding feathers to its achievements with every passing year (Beaudry and Portier, 2006; Gupta et al ., 2013; Pradhan and Bagchi, 2013; Bekiros et al ., 2016; Stahel, 2016; Gupta et al ., 2018; Kovacs, 2018; Dhamija and Bag, 2020; Dhamija et al, 2020).…”

Section: Introductionmentioning

confidence: 99%

Economic Development and South Africa: 25 Years Analysis (1994 to 2019)

Dhamija

2020

South African J Economics

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Economic Development highlights the growth and progression of every nation towards prosperity, and South Africa is not an exception to this phenomenon. Present article reviews economic progression in South Africa for last 25 years of time by applying systematic literature review and bibliometric analysis (1,241 articles) on Scopus extracted database (1994 to 2019; until 06 June). Inferences evidence significant work contributed by top universities, authors, funding sources, journals and citation statistics. Noticeably, implementation of a concept solely will not fetch real situation; however, a systematic review extends good to excellent understanding of the considered research agenda. Findings reveal the contradictory inter-connectivity of Cluster 1 Economic Inequality and Poverty, Cluster 2 Developing Country and Corruption and Cluster 6 Economic Development and Economic Policy. It is very important to understand that if a nation is facing economic inequality, corruption, and poverty; how it can achieve the status of economically developed nation. Identification of Cluster 3 Industrialization and Industry 4.0, Cluster 4 Unemployment and Entrepreneurship Education and Cluster 5 Sustainable Development and Economic Growth signifies scope of improvement. Conclusively, the researcher has proposed a conceptual model to address above stated concerns.

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Valuing forest services missing from the national accounts: The contribution of cultivated forests to wealth accumulation in Swaziland

Cited by 5 publications

References 14 publications

Theory and Method of Ecological Value Accounting of Forest Resources

Theory and Method of Ecological Value Accounting of Forest Resources

Ecosystem accounting: Past scientific developments and future challenges

Economic Development and South Africa: 25 Years Analysis (1994 to 2019)

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