Construction of An Extended Environmental and Economic Social Accounting Matrix from A Practitioner's Perspective
Peer Reviewed
Date issued
November 2019
Subject
Environment and Natural Resource;
Environmental Economy
JEL code
Q56 - Environment and Development • Environment and Trade • Sustainability • Environmental Accounts and Accounting • Environmental Equity • Population Growth;
D58 - Computable and Other Applied General Equilibrium Models
Country
Guatemala
Category
Technical Notes
In 2014, the United Nations published the first International Standard for environmental-economic statistics, known as the System of Environmental-Economic Accounting (SEEA).. As more countries adopt and implement the SEEA, the availability of consistent environmental and economic information increases the need for analytical tools that can use this data to respond to policy relevant questions. In this paper, we present a workflow to develop an environmentally-extended social accounting matrix, which can serve as the basic database for the development of environmentally-extended computable general equilibrium models. To illustrate, and given its comprehensive implementation of the SEEA, we apply this workflow to the Guatemalan case and the Integrated Economic-Environmental Modeling (IEEM) Platform.
