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Sustainability economics – general versus specific, and conceptual versus practical

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Author Info

  • Stefan Baumgärtner

    ()
    (Department of Sustainability Sciences, Leuphana University of Lüneburg, Germany)

  • Martin F. Quaas

    (Department of Economics, University of Kiel, Germany)

Abstract

We clarify the definition and interpretation of “sustainability economics” (Baumgärtner and Quaas 2010) in response to recent comments by van den Bergh (2010), Bartelmus (2010) and others. For that sake, we distinguish between general and specific definitions of sustainability and sustainability economics, as well as between conceptual and practical approaches.

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Bibliographic Info

Paper provided by University of Lüneburg, Institute of Economics in its series Working Paper Series in Economics with number 169.

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Length: 9 pages
Date of creation: May 2010
Date of revision:
Handle: RePEc:lue:wpaper:169

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Web page: http://leuphana.de/institute/ivwl.html

Related research

Keywords: economic and environmental accounting; efficiency; externality; joint production; justice; stocks; sustainability economics;

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  1. Mishan, E J, 1971. "The Postwar Literature on Externalities: An Interpretative Essay," Journal of Economic Literature, American Economic Association, vol. 9(1), pages 1-28, March.
  2. Stavins, Robert & Wagner, Alexander & Wagner, Gernot, 2002. "Interpreting Sustainability in Economic Terms: Dynamic Efficiency Plus Intergenerational Equity," Working Paper Series, Harvard University, John F. Kennedy School of Government rwp02-018, Harvard University, John F. Kennedy School of Government.
  3. Herman E. Daly, 1968. "On Economics as a Life Science," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 76, pages 392.
  4. Asheim, Geir B, 1994. " Net National Product as an Indicator of Sustainability," Scandinavian Journal of Economics, Wiley Blackwell, Wiley Blackwell, vol. 96(2), pages 257-65.
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  7. John C. V. Pezzey, 1997. "Sustainability Constraints versus "Optimality" versus Intertemporal Concern, and Axioms versus Data," Land Economics, University of Wisconsin Press, vol. 73(4), pages 448-466.
  8. Woodward, Richard T. & Bishop, Richard C., 1995. "Efficiency, sustainability and global warming," Ecological Economics, Elsevier, Elsevier, vol. 14(2), pages 101-111, August.
  9. Daly, Herman E., 1992. "Allocation, distribution, and scale: towards an economics that is efficient, just, and sustainable," Ecological Economics, Elsevier, Elsevier, vol. 6(3), pages 185-193, December.
  10. Mishan, E J, 1969. "The Relationship between Joint Products, Collective Goods, and External Effects," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 77(3), pages 329-48, May/June.
  11. Ayres, Robert U & Kneese, Allen V, 1969. "Production , Consumption, and Externalities," American Economic Review, American Economic Association, American Economic Association, vol. 59(3), pages 282-97, June.
  12. Tibor Scitovsky, 1954. "Two Concepts of External Economies," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 62, pages 143.
  13. Faber, Malte & Frank, Karin & Klauer, Bernd & Manstetten, Reiner & Schiller, Johannes & Wissel, Christian, 2005. "On the foundation of a general theory of stocks," Ecological Economics, Elsevier, Elsevier, vol. 55(2), pages 155-172, November.
  14. Stefan Baumgärtner & Martin F. Quaas, 2009. "What is sustainability economics?," Working Paper Series in Economics, University of Lüneburg, Institute of Economics 138, University of Lüneburg, Institute of Economics.
  15. Marshall, Alfred, 1890. "The Principles of Economics," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, McMaster University Archive for the History of Economic Thought, number marshall1890.
  16. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, Oxford University Press, number 9780195102680, October.
  17. Ayres, Robert U., 2008. "Sustainability economics: Where do we stand?," Ecological Economics, Elsevier, Elsevier, vol. 67(2), pages 281-310, September.
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Cited by:
  1. Wagner, Jeffrey, 2011. "Incentivizing sustainable waste management," Ecological Economics, Elsevier, Elsevier, vol. 70(4), pages 585-594, February.
  2. Timothy J. Foxon & Jonathan K�hler & Jonathan Michie & Christine Oughton, 2013. "Towards a new complexity economics for sustainability," Cambridge Journal of Economics, Oxford University Press, Oxford University Press, vol. 37(1), pages 187-208.
  3. Birkin, Frank & Polesie, Thomas, 2013. "The relevance of epistemic analysis to sustainability economics and the capability approach," Ecological Economics, Elsevier, Elsevier, vol. 89(C), pages 144-152.

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