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Sustainability economics – general versus specific, and conceptual versus practical

  • Stefan Baumgärtner

    ()

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

  • Martin F. Quaas

    (Department of Economics, University of Kiel, Germany)

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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File URL: http://www.leuphana.de/fileadmin/user_upload/Forschungseinrichtungen/ifvwl/WorkingPapers/wp_169_Upload.pdf
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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
Contact details of provider: Web page: http://leuphana.de/institute/ivwl.html

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  1. Mishan, E J, 1969. "The Relationship between Joint Products, Collective Goods, and External Effects," Journal of Political Economy, University of Chicago Press, vol. 77(3), pages 329-48, May/June.
  2. Stefan Baumgärtner & Martin F. Quaas, 2009. "What is sustainability economics?," Working Paper Series in Economics 138, University of Lüneburg, Institute of Economics.
  3. 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.
  4. Daly, Herman E., 1992. "Allocation, distribution, and scale: towards an economics that is efficient, just, and sustainable," Ecological Economics, Elsevier, vol. 6(3), pages 185-193, December.
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  8. Ayres, Robert U., 2008. "Sustainability economics: Where do we stand?," Ecological Economics, Elsevier, vol. 67(2), pages 281-310, September.
  9. Mas-Colell, Andreu & Whinston, Michael D. & Green, Jerry R., 1995. "Microeconomic Theory," OUP Catalogue, Oxford University Press, number 9780195102680, March.
  10. Stavins, Robert & Wagner, Alexander & Wagner, Gernot, 2002. "Interpreting Sustainability in Economic Terms: Dynamic Efficiency Plus Intergenerational Equity," Discussion Papers dp-02-29, Resources For the Future.
  11. Richard B. Howarth & Richard B. Norgaard, 1990. "Intergenerational Resource Rights, Efficiency, and Social Optimality," Land Economics, University of Wisconsin Press, vol. 66(1), pages 1-11.
  12. Ayres, Robert U & Kneese, Allen V, 1969. "Production , Consumption, and Externalities," American Economic Review, American Economic Association, vol. 59(3), pages 282-97, June.
  13. M. L. Weitzman, 1974. "On the Welfare Significance of National Product in Dynamic Economy," Working papers 125, Massachusetts Institute of Technology (MIT), Department of Economics.
  14. Marshall, Alfred, 1890. "The Principles of Economics," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number marshall1890.
  15. Woodward, Richard T. & Bishop, Richard C., 1995. "Efficiency, sustainability and global warming," Ecological Economics, Elsevier, vol. 14(2), pages 101-111, August.
  16. Herman E. Daly, 1968. "On Economics as a Life Science," Journal of Political Economy, University of Chicago Press, vol. 76, pages 392.
  17. 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, vol. 55(2), pages 155-172, November.
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