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Sectoral Income

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  • Geir Asheim
  • Taoyuan Wei

Abstract

What is the income of each sector of an economy? E.g., in the case of a country endowed with petroleum resources, what is the income of its petroleum sector? Here we present a definition of sectoral income, which is compatible with an important line of theoretical literature on comprehensive national accounting. We do so first by splitting national income into individual income and then defining sectoral income by considering the contributions to individual income that the sectors give rise to.
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Suggested Citation

  • Geir Asheim & Taoyuan Wei, 2009. "Sectoral Income," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 42(1), pages 65-87, January.
    • Handle: RePEc:kap:enreec:v:42:y:2009:i:1:p:65-87
    DOI: 10.1007/s10640-008-9204-1
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    Citations

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    Cited by:

    1. Asheim, Geir B. & Hartwick, John M., 2011. "Anomalies in green national accounting," Ecological Economics, Elsevier, vol. 70(12), pages 2303-2307.
    2. Geir Asheim, 2013. "A Distributional Argument for Supply-Side Climate Policies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(2), pages 239-254, October.
    3. Haradhan Kumar Mohajan, 2011. "The Real Net National Product in Sustainable Development," KASBIT Business Journals (KBJ), Khadim Ali Shah Bukhari Institute of Technology (KASBIT), vol. 4, pages 89-103, December.
    4. Bram Edens, 2013. "Depletion: Bridging the Gap Between Theory and Practice," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 54(3), pages 419-441, March.
    5. Wei, Taoyuan, 2013. "Comparing approaches to valuing sectoral net investments," Resource and Energy Economics, Elsevier, vol. 35(3), pages 316-328.
    6. Taoyuan Wei, 2012. "Capital Gains and Income Arising from Nonrenewable Resources," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 52(2), pages 293-300, June.

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    More about this item

    Keywords

    Sectoral income; Comprehensive national accounting; C43; D60; O47;
    All these keywords.

    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • D60 - Microeconomics - - Welfare Economics - - - General
    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

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