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Nachhaltigkeitsziele in der Wirtschaftspolitik — volkswirtschaftliche Überlegungen
[Sustainability Goals in Economic Policy — Economic Considerations]

Author

Listed:
  • Achim Wambach

    (ZEW)

  • Christine Zulehner

    (Universität Wien)

Abstract

Through the canon of the UN SDGs or the European Green Deal, sustainability goals are finding their way into legislation. From an economic point of view, these targets often aim to reduce negative external effects, which is in many cases in line with the economic goal of maximising welfare. The determination of welfare gains in this context is not trivial and raises new questions in economics. Because they are often not clearly defined, the anchoring of sustainability goals in legislation may weaken legal certainty and lead to an abusive pursuit of other goals under their guise. This should be prevented by formulating the goals as concretely and legally securely as possible and by building up competence in the authorities entrusted with their implementation.

Suggested Citation

  • Achim Wambach & Christine Zulehner, 2022. "Nachhaltigkeitsziele in der Wirtschaftspolitik — volkswirtschaftliche Überlegungen [Sustainability Goals in Economic Policy — Economic Considerations]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(5), pages 331-333, May.
    • Handle: RePEc:spr:wirtsc:v:102:y:2022:i:5:d:10.1007_s10273-022-3183-7
    DOI: 10.1007/s10273-022-3183-7
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    References listed on IDEAS

    as
    1. Philippe Aghion & Roland Bénabou & Ralf Martin & Alexandra Roulet, 2023. "Environmental Preferences and Technological Choices: Is Market Competition Clean or Dirty?," American Economic Review: Insights, American Economic Association, vol. 5(1), pages 1-20, March.
    2. Felix Bierbrauer, 2022. "Nachhaltigkeitsziele und das Lieferkettengesetz [Sustainability Goals and Supply Chain Due Diligence Laws]," Wirtschaftsdienst, Springer;ZBW - Leibniz Information Centre for Economics, vol. 102(5), pages 344-346, May.
    3. Christian Gollier & James K. Hammitt, 2014. "The Long-Run Discount Rate Controversy," Annual Review of Resource Economics, Annual Reviews, vol. 6(1), pages 273-295, October.
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    More about this item

    Keywords

    H4; L4; Q5;
    All these keywords.

    JEL classification:

    • H4 - Public Economics - - Publicly Provided Goods
    • L4 - Industrial Organization - - Antitrust Issues and Policies
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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