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Measuring Weak Sustainability for the future: Calculating Genuine Saving with population change by an integrated assessment model

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  • Koji, Tokimatsu
  • Takanobu, Kosugi
  • Atsushi, Kurosawa
  • Norihiro, Itsubo
  • Masaji, Sakagami

Abstract

This paper presents a future figure of Genuine Saving with population growth (GSn). This was enabled by using an integrated assessment model, similar to the RICE model by Nordhaus. The model consists of sub-models that evaluate various kinds of mineral resources and environmental impacts. Results indicates that GSn is positive i) in OECD during the 21st century, ii) in World and the former Soviet Union and East Europe after 2030, and iii) in Asia and the Middle East and Africa after 2050. GSn is negative in Latin America during the 21st century.

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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 16728.

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Date of creation: 04 Jul 2009
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Handle: RePEc:pra:mprapa:16728

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Keywords: Genuine Saving; population change; sustainability; integrated assessment model; impact assessment model; growth model;

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  1. Asheim, Geir, 2003. "Green national accounting with a changing population," Memorandum 06/2003, Oslo University, Department of Economics.
  2. Heal, G., 1998. "Valuing the Future: Economic Theory and Sustainability," Papers 98-10, Columbia - Graduate School of Business.
  3. Kosugi, Takanobu & Tokimatsu, Koji & Kurosawa, Atsushi & Itsubo, Norihiro & Yagita, Hiroshi & Sakagami, Masaji, 2009. "Internalization of the external costs of global environmental damage in an integrated assessment model," Energy Policy, Elsevier, vol. 37(7), pages 2664-2678, July.
  4. Hamilton, Kirk & Clemens, Michael, 1999. "Genuine Savings Rates in Developing Countries," World Bank Economic Review, World Bank Group, vol. 13(2), pages 333-56, May.
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  7. Chichilnisky, Graciela, 1995. "An axiomatic approach to sustainable development," MPRA Paper 8609, University Library of Munich, Germany.
  8. Dasgupta, Partha, 2001. "Human Well-Being and the Natural Environment," OUP Catalogue, Oxford University Press, number 9780199247882, September.
  9. Dixit, Avinash & Hammond, Peter & Hoel, Michael, 1980. "On Hartwick's Rule for Regular Maximin Paths of Capital Accumulation and Resource Depletion," Review of Economic Studies, Wiley Blackwell, vol. 47(3), pages 551-56, April.
  10. Pearce, David W. & Atkinson, Giles D., 1993. "Capital theory and the measurement of sustainable development: an indicator of "weak" sustainability," Ecological Economics, Elsevier, vol. 8(2), pages 103-108, October.
  11. Kenneth Arrow & Partha Dasgupta & Lawrence Goulder & Gretchen Daily & Paul Ehrlich & Geoffrey Heal & Simon Levin & Karl-Göran Mäler & Stephen Schneider & David Starrett & Brian Walker, 2004. "Are We Consuming Too Much?," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 147-172, Summer.
  12. Atsushi Kurosawa & Hiroshi Yagita & Weisheng Zhou & Koji Tokimatsu & Yukio Yanagisawa, 1999. "Analysis of Carbon Emission Stabilization Targets and Adaptation by Integrated Assessment Model," The Energy Journal, International Association for Energy Economics, vol. 0(Special I), pages 157-175.
  13. Tjalling C. Koopmans, 1959. "Stationary Ordinal Utility and Impatience," Cowles Foundation Discussion Papers 81, Cowles Foundation for Research in Economics, Yale University.
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