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Modelling sustainable human development in a capability perspective

Author

Listed:
  • Stefano Pareglio

    (Università Cattolica del Sacro Cuore di Brescia)

  • Alessandro Vaglio

    (Università degli Studi di Bergamo)

  • Marco Grasso

    (Università degli Studi di Milano Bicocca)

  • Stefania Migliavacca

    (Eni Corporate University)

  • Enzo Di Giulio

    (Eni Corporate University)

Abstract

In this paper we model sustainable human development as intended in Sen's capability approach in a system dynamic framework. Our purpose is to verify the variations over time of some achieved functionings, due to structural dynamics and to variations of the institutional setting and instrumental freedoms (IF Vortex). The model is composed of two sections. The 'Left Side' one points out the 'demand' for functionings in an ideal world situation. The real world one, on the 'Right Side' indicates the 'supply' of functionings that the socio-economic system is able to provide individuals with. The general model, specifically tailored for Italy, can be simulated over desired time horizons: for each time period, we carry out a comparison between ideal world and real world functionings. On the basis of their distances, the model simulates some responses of decision makers. These responses, in turn influenced by institutions and instrumental freedoms, ultimately affect the dynamics of real world functionings, i.e. of sustainable human development.

Suggested Citation

  • Stefano Pareglio & Alessandro Vaglio & Marco Grasso & Stefania Migliavacca & Enzo Di Giulio, 2005. "Modelling sustainable human development in a capability perspective," Public Economics 0504008, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwppe:0504008
    Note: Type of Document - pdf; pages: 25
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    References listed on IDEAS

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    Cited by:

    1. Leßmann, Ortrud & Masson, Torsten, 2015. "Sustainable consumption in capability perspective: Operationalization and empirical illustration," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 57(C), pages 64-72.
    2. van Zeijl-Rozema, Annemarie & Ferraguto, Ludovico & Caratti, Pietro, 2011. "Comparing region-specific sustainability assessments through indicator systems: Feasible or not?," Ecological Economics, Elsevier, vol. 70(3), pages 475-486, January.

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    More about this item

    Keywords

    Functionings; Capabilities; Institutions; Instrumental Freedoms; Sustainable Human Development;
    All these keywords.

    JEL classification:

    • D6 - Microeconomics - - Welfare Economics
    • D7 - Microeconomics - - Analysis of Collective Decision-Making
    • H - Public Economics

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