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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w30019 |
来源ID | Working Paper 30019 |
Population, Productivity, and Sustainable Consumption | |
Robert S. Pindyck | |
发表日期 | 2022-05-09 |
出版年 | 2022 |
语种 | 英语 |
摘要 | How does the sustainable level of consumption depend on productivity growth and the size and growth rate of the population? What is the effect of uncertainty over these growth rates? I address these questions using a model in which productivity and population growth are stochastic, and social welfare allows for human lives to have (positive or negative) intrinsic value. I show how the maximum sustainable consumption-wealth ratio depends on expected rates of productivity and population growth, the volatility of those growth rates, and the extent to which welfare depends directly on the size of the population. For plausible parameter values, the sustainable consumption-wealth ratio is well below the optimal ratio that maximizes welfare. This raises a question: Given its cost, should sustainability be a social objective? |
主题 | Microeconomics ; Welfare and Collective Choice ; Environmental and Resource Economics ; Environment |
URL | https://www.nber.org/papers/w30019 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/587692 |
推荐引用方式 GB/T 7714 | Robert S. Pindyck. Population, Productivity, and Sustainable Consumption. 2022. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w30019.pdf(368KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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