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Quelques réflexions sur la croissance optimale

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  • Philippe Michel
  • Marc Fleurbaey

Abstract

[eng] Optimal growth revisited. . We study the difficulties pertaining to the definition of an intertemporal social objective. A brief description of Ramsey's and Koopmans' contributions is followed by a distinction between the finite horizon case, in which the absence of discounting is easily defended, and the infinite horizon case, which exhibits a seemingly fundamental incompatibility between impartiality and the Pareto principle. Some suggestions for further research are made. [fre] Quelques réflexions sur la croissance optimale. . Nous tentons d'éclairer les difficultés soulevées par la définition d'un objectif social intertemporel. Un rappel historique des réflexions de Ramsey et de Koopmans est suivi d'une distinction entre le cas de l'horizon fini, où l'on peut défendre l'absence d'actualisation, et celui de l'horizon infini, où une incompatibilité apparemment essentielle entre impartialité et Pareto-optimalité ne permet pas de définir un critère entièrement satisfaisant. Quelques pistes de réflexion sont suggérées.

Suggested Citation

  • Philippe Michel & Marc Fleurbaey, 1999. "Quelques réflexions sur la croissance optimale," Revue Économique, Programme National Persée, vol. 50(4), pages 715-732.
    • Handle: RePEc:prs:reveco:reco_0035-2764_1999_num_50_4_410115
    DOI: 10.3406/reco.1999.410115
    Note: DOI:10.3406/reco.1999.410115
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    Cited by:

    1. Asheim, Geir B. & Buchholz, Wolfgang & Tungodden, Bertil, 2001. "Justifying Sustainability," Journal of Environmental Economics and Management, Elsevier, vol. 41(3), pages 252-268, May.
    2. Geir B. Asheim & Wolfgang Buchholz, 2000. "The Malleability of Undiscounted Utilitarianism as a Criterion of Intergenerational Justice," CESifo Working Paper Series 392, CESifo.
    3. Michel de Lara & Vincent Martinet & Luc Doyen, 2010. "Risk and Sustainability: Is Viability that far from Optimality?," Working Papers hal-04140924, HAL.

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