The present paper gives an overview of the theory of green national accounting. Three purposes of green national accounting (measurement of sustainable income, social welfare or net social profit) and two measures (Green NNP and Hicksian income) are considered. It is argued that sustainable...

Reduced industrial activity leads to improve local air quality. Using plant level micro data from the Census of Manufacturers, I explore how county particulate levels vary for counties that feature different manufacturing activity levels and that differ with respect to manufacturing's capital...

This paper describes a growth model in which pollutants are internal to a jurisdiction. To this end we develop a model of the joint determination of the rate of development of the economy through market interactions and the extent of pollution regulation through collective decision making. We...