growth and dynamic welfare with special reference to South Africa. While water may become a limiting factor for future … development in general, as a drought prone and water poor country with rapid population growth, South Africa may face more serious …

growth and dynamic welfare with special reference to South Africa. While water may become a limiting factor for future … development in general, as a drought prone and water poor country with rapid population growth, South Africa may face more serious …

Economies that currently have the same productive capacity may implement different growth rates. This entails that it … for future growth in an arbitrary manner. NNP-based measures trade off current well-being and the potential for future … growth in a consistent manner. This paper shows that it matters for NNP-based measures whether different growth rates in …

Economies that currently have the same productive capacity may implement different growth rates. This entails that it … for future growth in an arbitrary manner. NNP-based measures trade off current well-being and the potential for future … growth in a consistent manner. This paper shows that it matters for NNP-based measures whether different growth rates in …

growth, or by an expanded measure of real NNP growth. Practical ways of approximating these measured are discussed. By … growth, using a result due to Arrow et al. (2003). The result are compared to those arising when instantaneous well …

growth, or by an expanded measure of real NNP growth. Practical ways of approximating these measured are discussed. By … growth, using a result due to Arrow et al. (2003). The result are compared to those arising when instantaneous well …

environmental problems: (i) optimal renewable resource use, (ii) the tragedy of the commons, (iii) economic growth and pollution. I … access resources. In a model of economic growth and pollution, hyperbolic discounting establishes the Golden Rule of capital …

environmental problems: (i) optimal renewable resource use, (ii) the tragedy of the commons, (iii) economic growth and pollution. I … access resources. In a model of economic growth and pollution, hyperbolic discounting establishes the Golden Rule of capital …

) optimal renewable resource use, (ii) the tragedy of the commons, (iii) economic growth and pollution. I then compare results …. In a model of economic growth and pollution, hyperbolic discounting establishes the Golden Rule of capital accumulation …