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The Welfare Economic Theory of Green National Accounts

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Author Info
Partha Dasgupta ()
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File URL: http://hdl.handle.net/10.1007/s10640-008-9223-y
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Publisher Info
Article provided by European Association of Environmental and Resource Economists in its journal Environmental and Resource Economics.

Volume (Year): 42 (2009)
Issue (Month): 1 (January)
Pages: 3-38
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Handle: RePEc:kap:enreec:v:42:y:2009:i:1:p:3-38

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Related research
Keywords: Natural capital; Ecosystems; Capital depreciation; Shadow prices; Income; Comprehensive wealth; Net national product; Intergenerational well-being; Sustainable development; Population growth; Technological uncertainty; Wiener process;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Pezzey, J., 1992. "Sustainable Development Concepts; An Economic Analysis," Papers 2, World Bank - The World Bank Environment Paper.
  2. Susmita Dasgupta & Kirk Hamilton & Stefano Pagiola & David Wheeler, 2008. "Environmental Economics at the World Bank," Review of Environmental Economics and Policy, Oxford University Press for Association of Environmental and Resource Economists, vol. 2(1), pages 4-25, Winter. [Downloadable!] (restricted)
  3. Hartwick, John M, 1994. " National Wealth and Net National Product," Scandinavian Journal of Economics, Blackwell Publishing, vol. 96(2), pages 253-56.
  4. Layard, Richard, 1980. "Human Satisfactions and Public Policy," Economic Journal, Royal Economic Society, vol. 90(363), pages 737-50, December. [Downloadable!] (restricted)
  5. Robert E. Hall & Charles I. Jones, 1999. "Why Do Some Countries Produce So Much More Output per Worker than Others?," NBER Working Papers 6564, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  6. Asheim, Geir B., 2007. "Can NNP be used for welfare comparisons?," Environment and Development Economics, Cambridge University Press, vol. 12(01), pages 11-31, February. [Downloadable!]
    Other versions:
  7. Kenneth Arrow & Partha Dasgupta & Karl-Göran Mäler, 2003. "Evaluating Projects and Assessing Sustainable Development in Imperfect Economies," Working Papers 2003.109, Fondazione Eni Enrico Mattei. [Downloadable!]
    Other versions:
  8. Partha Dasgupta, 2008. "Discounting climate change," Journal of Risk and Uncertainty, Springer, vol. 37(2), pages 141-169, December. [Downloadable!] (restricted)
  9. Asheim, Geir B. & Weitzman, Martin L., 2001. "Does NNP growth indicate welfare improvement?," Economics Letters, Elsevier, vol. 73(2), pages 233-239, November. [Downloadable!] (restricted)
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  10. Brekke, Kjell Arne, 1994. " Net National Product as a Welfare Indicator," Scandinavian Journal of Economics, Blackwell Publishing, vol. 96(2), pages 241-52.
  11. Heal, G., 1998. "Valuing the Future: Economic Theory and Sustainability," Papers 98-10, Columbia - Graduate School of Business.
  12. Sen, Amartya K, 1976. "Real National Income," Review of Economic Studies, Blackwell Publishing, vol. 43(1), pages 19-39, February. [Downloadable!] (restricted)
  13. Levhari, David & Srinivasan, T N, 1969. "Optimal Savings under Uncertainty," Review of Economic Studies, Blackwell Publishing, vol. 36(106), pages 153-63, April. [Downloadable!] (restricted)
  14. Bin, Okmyung & Polasky, Stephen, 2005. "Evidence on the Amenity Value of Wetlands in a Rural Setting," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 37(03), December. [Downloadable!]
  15. Vangelis Tzouvelekas & Dimitra Vouvaki & Anastasios Xepapadeas, 2006. "Total Factor Productivity Growth and the Environment: A Case for Green Growth Accounting," Working Papers 0617, University of Crete, Department of Economics. [Downloadable!]
    Other versions:
  16. Hamilton, Kirk & Clemens, Michael, 1999. "Genuine Savings Rates in Developing Countries," World Bank Economic Review, Oxford University Press, vol. 13(2), pages 333-56, May.
  17. Aronsson, Thomas & Lofgren, Karl-Gustaf, 1999. "Welfare equivalent NNP under distributional objectives," Economics Letters, Elsevier, vol. 63(2), pages 239-243, May. [Downloadable!] (restricted)
  18. Dasgupta, Partha S, 1969. "On the Concept of Optimum Population," Review of Economic Studies, Blackwell Publishing, vol. 36(107), pages 295-318, July. [Downloadable!] (restricted)
  19. Kenneth J. Arrow & Partha Dasgupta & Karl-Göran Mäler, 2003. "The genuine savings criterion and the value of population," Economic Theory, Springer, vol. 21(2), pages 217-225, 03. [Downloadable!] (restricted)
  20. M. Marsili, 2008. "A note on wealth in a volatile economy," Quantitative Finance Papers 0804.2772, arXiv.org. [Downloadable!]
  21. Heal, Geoffrey & Kristrom, Bengt, 2008. "A note on national income in a dynamic economy," Economics Letters, Elsevier, vol. 98(1), pages 2-8, January. [Downloadable!] (restricted)
  22. Hamilton, Kirk, 1994. "Green adjustments to GDP," Resources Policy, Elsevier, vol. 20(3), pages 155-168, September. [Downloadable!] (restricted)
  23. Vincent, Jeffrey R. & Panayotou, Theodore & Hartwick, John M., 1997. "Resource Depletion and Sustainability in Small Open Economies," Journal of Environmental Economics and Management, Elsevier, vol. 33(3), pages 274-286, July. [Downloadable!] (restricted)
  24. Pearce, David & Hamilton, Kirk & Atkinson, Giles, 1996. "Measuring sustainable development: progress on indicators," Environment and Development Economics, Cambridge University Press, vol. 1(01), pages 85-101, February. [Downloadable!]
  25. Kenneth Arrow et al., 2004. "Are We Consuming Too Much?," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 147-172, Summer. [Downloadable!] (restricted)
  26. Sefton, J. A. & Weale, M. R., 1996. "The net national product and exhaustible resources: The effects of foreign trade," Journal of Public Economics, Elsevier, vol. 61(1), pages 21-47, July. [Downloadable!] (restricted)
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  27. Aronsson, Thomas & Lofgren, Karl-Gustaf, 2008. "Welfare equivalent NNP and habit formation," Economics Letters, Elsevier, vol. 98(1), pages 84-88, January. [Downloadable!] (restricted)
  28. Heal, Geoffrey & Kristrom, Bengt, 2005. "National income and the environment," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 3, chapter 22, pages 1147-1217 Elsevier. [Downloadable!] (restricted)
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  29. Ing-Marie Gren & Carl Folke & Kerry Turner & Ian Batemen, 1994. "Primary and secondary values of wetland ecosystems," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 4(1), pages 55-74, February. [Downloadable!] (restricted)
  30. Thomas Aronsson & Karl-Gustaf Löfgren, 1998. "Green Accounting in Imperfect Market Economies," Environmental & Resource Economics, European Association of Environmental and Resource Economists, vol. 11(3), pages 273-287, April. [Downloadable!] (restricted)
  31. Sefton & Weale, 2006. "The Concept of Income in a General Equilibrium," Review of Economic Studies, Blackwell Publishing, vol. 73(1), pages 219-249, 01. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Timothée, Ollivier, 2009. "Is Mozambican Growth Sustainable? A Comprehensive Wealth Accounting Prospect," MPRA Paper 16603, University Library of Munich, Germany. [Downloadable!]
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