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Characterizing Sustainability in Discrete Time
Asheim, Geir B. - 2018
We examine the investment rule that must be satisfied by an efficient and egalitarian path in a discrete-time version of the Dasgupta-Heal-Solow model of capital accumulation and resource depletion. In the discrete-time model, competitive valuation of net investments in terms of early and late...
Persistent link: https://www.econbiz.de/10012908689
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Sustainability with Risky Growth
Love, David A.; Phelan, Gregory - 2023
We investigate the fundamental determinants of sustainability in general equilibrium. We adopt a definition of … sustainability that requires that the welfare of future generations is not expected to decrease on average. We then use a stochastic … equilibrium, sustainability boils down to supply-side factors, with increased growth, decreased consumption risk, and greater …
Persistent link: https://www.econbiz.de/10014255987
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Evaluating alternatives to GDP as measures of social welfare/progress
Bergh, Jeroen C. J. M. van den; Antal, Miklós - 2014
Proposed alternatives to GDP as a measure of social welfare or human progress are briefly evaluated. Four main categories are considered, namely ISEW and GPI based on corrections of GDP, sustainable or green(ed) GDP, genuine savings/investments and composite indexes. All these alternatives turn...
Persistent link: https://www.econbiz.de/10010430649
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Methodological choices for reflecting strong sustainability in composite indices
Usubiaga-Liaño, Arkaitz; Ekins, Paul - In: Ecological economics 221 (2024), pp. 1-11
Persistent link: https://www.econbiz.de/10015045786
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The aggregation problem : implications for ecological and biophysical economics
Fix, Blair - 2019
issues such as sustainability. [Data and analysis for this paper are available at the Open Science Framework: https …
Persistent link: https://www.econbiz.de/10012053632
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Chapter 3. The nature of natural capital and ecosystem income
Fenichel, Eli P.; Abbott, Joshua K.; Yun, Seong Do - In: Handbook of environmental economics : Volume 4, (pp. 85-142). 2018
sustainability-focused wealth accounts. Typical bookend assumptions of the social planner optimally managing natural capital versus …
Persistent link: https://www.econbiz.de/10014023894
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Two different sources of inequalities : profits and rents in advanced market economies
Mihályi, Péter; Szelényi, Iván - 2016
The starting point of our research is Piketty (2014) who follows Marx by asserting that rents are merely one of the forms of profits, therefore they do not require separate conceptual analysis and statistical separation. Speaking of the generation of rents (as a distinctly different mechanism...
Persistent link: https://www.econbiz.de/10011538527
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Inequality of Opportunity, Inequality of Income and Economic Growth
Aiyar, Shekhar S. - 2019
We posit that the relationship between income inequality and economic growth ismediated by the level of equality of opportunity, which we identify with intergenerationalmobility. In economies characterized by intergenerational rigidities, an increase in incomeinequality has persistent...
Persistent link: https://www.econbiz.de/10012889158
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Measuring Inequality using Geospatial Data
Pichler, Stefan; Galimberti, Jaqueson K; Pleninger, Regina - 2021
The main challenge in studying economic inequality is limited data availability, which is particularly problematic in developing countries. We construct a measure of economic inequality for 234 countries/territories from 1992 to 2013 using satellite data on night lights and gridded population...
Persistent link: https://www.econbiz.de/10013241424
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Green national accounting for welfare and sustainability : a taxonomy of assumptions and results
Asheim, Geir B. - 2002
This paper summarizes assumptions made and results obtained in parts of the literature on welfare and sustainability … combinations. This taxonomy is used to organize results in welfare and sustainability accounting. The analysis illustrates how …
Persistent link: https://www.econbiz.de/10011514087