G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Criteria for Assessing Sustainable Development: Theoretical Issues and Empirical Evidence for the Case of Greece
Anastasios Xepapadeas; Dimitra Vouvaki
发表日期2005
出处Climate Change and Sustainable Development
出版年2005
语种英语
摘要We formulate two kinds of sustainability criteria by using feedback and arbitrary rules for selecting policy variables in non optimizing economies. We show that when policy variables are selected arbitrarily their accounting prices could determine sustainability in addition to the accounting prices of the economy's assets. We use our theoretical framework to obtain estimates of sustainability conditions in real economies. Thus, the paper's contribution consists in developing a systematic theoretical framework for determining value functions, accounting prices and sustainability criteria, under fairly general non-optimizing behavioral rules, and then showing that this framework can be used in applied work to estimate sustainability conditions. Based on our theoretical model, we examined the case of the Greek economy. When there is no binding environmental policy then migration rate, growth of capital per worker and exogenous technical change are strong positive factors for sustainability. When we introduce potential environmental damages due to sulphur dioxide (SO2) emissions, our findings indicate that these damages affect negatively the sustainability criterion.
特色分类Q01,O13
关键词Sustainability criteria,Non-declining social welfare,Accounting prices,Non optimizing economy,Feedback rule,Arbitrary rule
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/criteria-for-assessing-sustainable-development-theoretical-issues-and-empirical-evidence-for-the-case-of-greece/
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/117172
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Anastasios Xepapadeas,Dimitra Vouvaki. Criteria for Assessing Sustainable Development: Theoretical Issues and Empirical Evidence for the Case of Greece. 2005.
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