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dc.contributor.authorAsheim, Geir B.en
dc.contributor.authorBuchholz, Wolfgangen
dc.date.accessioned2012-09-20T13:14:21Z-
dc.date.available2012-09-20T13:14:21Z-
dc.date.issued2002-
dc.identifier.urihttp://hdl.handle.net/10419/63076-
dc.description.abstractWe develop a framework for analyzing national income accounting using a revealed welfare approach that is sufficiently general to cover, e.g., both the standard discounted utilitarian and maximin criteria as special cases. We show that the basic welfare properties of comprehensive national income accounting, which were previously ascribed only to the discounted utilitarian case, in fact extend to this more general framework. In particular, it holds under a wide range of circumstances that real nnp growth (or equivalently, a positive value of net investments) indicates welfare improvement. We illustrate the applicability of our approach by considering resource allocation mechanisms in the Dasgupta-Heal-Solow model of capital accumulation and resource depletion.en
dc.language.isoengen
dc.publisher|aUniversity of Oslo, Department of Economics |cOsloen
dc.relation.ispartofseries|aMemorandum |x2002,32en
dc.subject.jelC43en
dc.subject.jelO47en
dc.subject.jelQ01en
dc.subject.ddc330en
dc.subject.keywordNational income accountingen
dc.subject.keyworddynamic welfareen
dc.subject.stwVolkswirtschaftliche Gesamtrechnungen
dc.subject.stwSoziale Wohlfahrtsfunktionen
dc.subject.stwTheorieen
dc.titleA general approach to welfare measurement through national income accounting-
dc.typeWorking Paperen
dc.identifier.ppn359083145en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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