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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Interpreting Sustainability in Economic Terms | |
Robert N. Stavins; Alexander F. Wagner; Gernot Wagner | |
发表日期 | 2002 |
出处 | Climate Change and Sustainable Development |
出版年 | 2002 |
语种 | 英语 |
摘要 | Economists have expended considerable effort to develop economically meaningful definitions of the somewhat elusive concept of “sustainability.” We relate such a definition of sustainability to well known concepts from neoclassical economics, in particular, potential Pareto improvements (in the Kaldor-Hicks sense) and inter-personal compensation. In the inter-temporal realm, we find that dynamic efficiency is a necessary but not sufficient condition for a notion of sustainability that has normative standing as a goal for public policy. We define sustainability as dynamic efficiency plus intergenerational equity. Further, we argue that it is not unreasonable for economists to focus on the efficiency element, leaving equity considerations to the political process. The analogy to the relationship between potential Pareto improvements and(intragenerational) transfers can facilitate discussions about sustainability, both within the economics community and as part of an interdisciplinary discourse, and makes the basic concepts easier to operationalize. |
特色分类 | Q2,Q3 |
关键词 | sustainability,dynamic efficiency,intergenerational equity |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/interpreting-sustainability-in-economic-terms/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116773 |
推荐引用方式 GB/T 7714 | Robert N. Stavins,Alexander F. Wagner,Gernot Wagner. Interpreting Sustainability in Economic Terms. 2002. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL2002-061.pdf(321KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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