Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/63076 
Erscheinungsjahr: 
2002
Schriftenreihe/Nr.: 
Memorandum No. 2002,32
Verlag: 
University of Oslo, Department of Economics, Oslo
Zusammenfassung: 
We 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.
Schlagwörter: 
National income accounting
dynamic welfare
JEL: 
C43
O47
Q01
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
402.38 kB





Publikationen in EconStor sind urheberrechtlich geschützt.