The Greening of National Accounts: The Role of Ideas in a Theory of Institutional Change

97.03

Posted: 3 Jun 1998

See all articles by Carrie A. Meyer

Carrie A. Meyer

George Mason University - Department of Economics

Date Written: 1997

Abstract

Recent incremental changes to the United Nations' System of National Accounts (SNA) are used in this paper to explore the theory of institutional change from the New Institutional Economics perspective. The SNA is subject to strong forces of inertia given the embeddedness of the accounts in information systems, the high cost of achieving the consensus required for change and the low payoff to individual political entrepreneurs and interest groups who might work toward change. But ideas and feedback between ideas, learning, acceptance, consensus, and demand for change have figured prominentaly as forces of institutional change for "greener" national accounts.

JEL Classification: H5, H87, O11

Suggested Citation

Meyer, Carrie A., The Greening of National Accounts: The Role of Ideas in a Theory of Institutional Change (1997). 97.03, Available at SSRN: https://ssrn.com/abstract=84529

Carrie A. Meyer (Contact Author)

George Mason University - Department of Economics ( email )

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