Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/63007
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dc.contributor.authorAsheim, Geir B.en_US
dc.date.accessioned2012-09-20T13:12:52Z-
dc.date.available2012-09-20T13:12:52Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/63007-
dc.description.abstractThis paper contains a critical assessment of the claim that nnp can be used for welfare comparisons. The analysis assumes that national accounts are comprehensive (in particular, “greened” by taking into account environmental amenities and natural resource depletion), but does not assume optimal resource allocation. The general conclusion is that greater nnp does not correspond to welfare enhancement, unless the net investment flows are revalued. Real utility-nnp, and real measurable nnp made comparable across time by means of a consumer price index, allow for such revaluation, and thus indicate welfare improvement.en_US
dc.language.isoengen_US
dc.publisher|aDep. of Economics, Univ. of Oslo |cOsloen_US
dc.relation.ispartofseries|aMemorandum, Department of Economics, University of Oslo |x2005,24en_US
dc.subject.jelC43en_US
dc.subject.jelD60en_US
dc.subject.jelO47en_US
dc.subject.jelQ01en_US
dc.subject.ddc330en_US
dc.subject.keywordNational income accountingen_US
dc.subject.keyworddynamic welfareen_US
dc.subject.stwVolkseinkommenen_US
dc.subject.stwVolkswirtschaftliche Gesamtrechnungen_US
dc.subject.stwWohlfahrtstheorieen_US
dc.titleCan NNP be used for welfare comparisons?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn500939624en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US

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