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Calcul économique et développement durable

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Author Info
Roger Guesnerie

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Abstract

The paper considers a model with two goods: a private good and an "environmental" good. The analysis has two basic ingredients : the two goods are imperfectly substitutable and the long run characteristics of substitution are uncertain. An ecological discount rate is defined. It is argued that a plausible long run value for this discount rate is close to zero, at least if the preoccupations of intergenerational equity are strong enough.

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Paper provided by DELTA (Ecole normale supérieure) in its series DELTA Working Papers with number 2004-02.

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Date of creation: 2004
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Handle: RePEc:del:abcdef:2004-02

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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. Guesnerie, Roger, 1975. "Production of the public sector and taxation in a simple second best model," Journal of Economic Theory, Elsevier, vol. 10(2), pages 127-156, April. [Downloadable!] (restricted)
  2. Sato, Ryuzo, 1975. "The Most General Class of CES Functions," Econometrica, Econometric Society, vol. 43(5-6), pages 999-1003, Sept.-Nov. [Downloadable!] (restricted)
  3. Guesnerie, Roger, 1977. "On the direction of tax reform," Journal of Public Economics, Elsevier, vol. 7(2), pages 179-202, April. [Downloadable!] (restricted)
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  4. Guesnerie, R. & Woodford, M., 1991. "Endogenous Fluctuations," DELTA Working Papers 91-10, DELTA (Ecole normale supérieure).
  5. CHAKRAVORTY, Ujjayant & MAGNE, Bertrand & MOREAUX, Michel, 2004. "Plafond de concentration atmosphérique en carbone et substitutions entre ressources énergétiques," IDEI Working Papers 260, Institut d'Économie Industrielle (IDEI), Toulouse. [Downloadable!]
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  1. Sterner, Thomas & Persson, U. Martin, 2007. "An Even Sterner Review: Introducing Relative Prices into the Discounting Debate," Discussion Papers dp-07-37, Resources For the Future. [Downloadable!]
  2. Mohamed Mabrouk, 2005. "Intergenerational anonymity as an alternative to the discounted- sum criterion in the calculus of optimal growth I: Consensual optimality," GE, Growth, Math methods 0510013, EconWPA. [Downloadable!]
  3. Mohamed Mabrouk, 2005. "Intergenerational anonymity as an alternative to the discounted- sum criterion in the calculus of optimal growth II: Pareto optimality and some economic interpretations," GE, Growth, Math methods 0511007, EconWPA. [Downloadable!]
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