Abstract:

The theory of Social Accounting Matrix including Resources and Environment (SAMRE) was used in this article to calculate the net resource product (NRP), net environment product (NEP), and genuine saving (Sg) for the period of 1991~1999 for Hunan Province, and to evaluate quantitatively the cost of resources and environment during the economic development processes of this province. The total annual lost was ￥ 4.00×108 to￥ 99.01×108 for NRP and NEP, accounting for 0.48% to 3.18% of GDP with the average of 2.35%. Genuine saving was about ￥ 10.41×108 to￥ 109.60×108, accounting for 1.25% to 3.52% of GDP with the average of 2.84%. From the research, the resource and environment cost of the economic development for Hunan Province (from 1991 to 1999) was very heavy. Fortunately, the lost decreased in recent years, and the proportion of Sg in Hunans GDP began rising.

Key words: net resource product (NRP), net environment product (NEP), genuine saving (Sg), sustainable development, Hunan Province