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Use and usefulness of sustainability economics

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  • Bartelmus, Peter

Abstract

Sustainable development is at the roots of sustainability economics. Baumgärtner and Quaas (2010) define sustainability economics as the combination of economic efficiency and justice in the distribution of nature's services. Van den Bergh (in press) criticizes their approach as 'axiomatic' and incomplete, lacking a discussion of environmental externalities and dogmas like the 'GDP dogma'. The focus on non-measurable welfare or happiness in both articles impairs the use and usefulness of their sustainability notions for applied economics and policy. Alternatively, environmentally modified national accounts offer a quantifiable sustainability concept of produced and natural capital maintenance. For practical reasons, sustainability economics should therefore deal with sustainable economic performance and growth. Coordination with other social goals has to be left to politics.

Suggested Citation

  • Bartelmus, Peter, 2010. "Use and usefulness of sustainability economics," Ecological Economics, Elsevier, vol. 69(11), pages 2053-2055, September.
    • Handle: RePEc:eee:ecolec:v:69:y:2010:i:11:p:2053-2055
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    Citations

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    Cited by:

    1. Xin Fang & Yun Cao, 2023. "Spatial Association Network Evolution and Variance Decomposition of Economic Sustainability Development Efficiency in China," IJERPH, MDPI, vol. 20(4), pages 1-22, February.
    2. Baumgärtner, Stefan & Quaas, Martin, 2010. "Sustainability economics -- General versus specific, and conceptual versus practical," Ecological Economics, Elsevier, vol. 69(11), pages 2056-2059, September.
    3. Nikos Chatzistamoulou & Phoebe Koundouri, 2020. "The Economics of Sustainable Development," DEOS Working Papers 2005, Athens University of Economics and Business.
    4. Drupp, Moritz A. & Baumgärtner, Stefan & Meyer, Moritz & Quaas, Martin F. & von Wehrden, Henrik, 2020. "Between Ostrom and Nordhaus: The research landscape of sustainability economics," Ecological Economics, Elsevier, vol. 172(C).
    5. Paulo Caldas & Diogo Cunha Ferreira & Brian Dollery & Rui Cunha Marques, 2018. "Municipal Sustainability Influence by European Union Investment Programs on the Portuguese Local Government," Sustainability, MDPI, vol. 10(4), pages 1-23, March.
    6. Suh, Dong Hee, 2021. "Exploring the U.S. mining industry's demand system for production factors: Implications for economic sustainability," Resources Policy, Elsevier, vol. 74(C).
    7. Cook, David & Davidsdottir, Brynhildur & Petursson, Jón Geir, 2015. "Accounting for the utilisation of geothermal energy resources within the genuine progress indicator—A methodological review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 49(C), pages 211-220.
    8. Maria Spiliotopoulou & Mark Roseland, 2020. "Urban Sustainability: From Theory Influences to Practical Agendas," Sustainability, MDPI, vol. 12(18), pages 1-19, September.
    9. Alexandre André Feil & Dusan Schreiber & Claus Haetinger & Virgílio José Strasburg & Claudia Luisa Barkert, 2019. "Sustainability Indicators for Industrial Organizations: Systematic Review of Literature," Sustainability, MDPI, vol. 11(3), pages 1-15, February.
    10. Birkin, Frank & Polesie, Thomas, 2013. "The relevance of epistemic analysis to sustainability economics and the capability approach," Ecological Economics, Elsevier, vol. 89(C), pages 144-152.
    11. Nikos Chatzistamoulou & Phoebe Koundouri, 2020. "From Theory to Practice. SDG Patterns Across the Globe," DEOS Working Papers 2006, Athens University of Economics and Business.
    12. Remig, Moritz C., 2015. "Unraveling the veil of fuzziness: A thick description of sustainability economics," Ecological Economics, Elsevier, vol. 109(C), pages 194-202.
    13. Nikos Chatzistamoulou & Phoebe Koundouri, 2020. "SDGs Patterns Across the Globe: From Theory to Practice," DEOS Working Papers 2016, Athens University of Economics and Business.

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