Comments on Arrow et al., 'Sustainability and the measurement of wealth'

被引:15
作者
Hamilton, Kirk [1 ]
机构
[1] World Bank, Dev Res Grp, Washington, DC 20433 USA
关键词
D O I
10.1017/S1355770X12000125
中图分类号
F [经济];
学科分类号
02 ;
摘要
The Arrow et al. paper is a welcome addition to a large literature on the linkage between asset values and social welfare. This literature has its roots in the concern about 'greening' the national accounts, but the paper shows how expanding the asset boundary beyond produced and natural goods could increase our measures of income, saving and wealth enormously. I will comment in turn on the wealth accounts, investment accounts and the treatment of CO2 emissions, using selected World Bank figures as a basis for comparison. © 2012 Cambridge University Press.
引用
收藏
页码:356 / 361
页数:6
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