On the Concept of Green National Income
On the Concept of Green National Income
复制标题
论绿色国民收入理念
DOI:
10.1093/oxfordjournals.oep.a028581
复制
发表时间:
1996
期刊:
影响因子:
--
通讯作者:
C. Withagen
中科院分区:
文献类型:
--
作者:
N. Vellinga;C. Withagen
The present paper generalizes the Weitzman-Hartwick approach to national income accounting. The authors first establish a close general relation between the current value Hamiltonian of an optimal control problem and the optimal value of the objective integral if the time argument does not enter the constraints and enters the objective function only as a discount factor. This result is applied to a simple economic model covering most models found in the literature on national income accounting involving pollution and nonrenewable resources. The authors critically review the usefulness of net national product as a welfare indicator and as an indicator for sustainability. Copyright 1996 by Royal Economic Society.