Sustainability or the measurement of wealth?

被引:9
作者
Cairns, Robert D. [1 ]
机构
[1] McGill Univ, Dept Econ, Montreal, PQ H3A 2T7, Canada
关键词
ARROW;
D O I
10.1017/S1355770X13000296
中图分类号
F [经济];
学科分类号
02 ;
摘要
The theoretical definitions of sustainability proposed in EDE's recent symposium, Sustainability and the Measurement of Wealth, are useful for measuring national wealth but not for measuring sustainability. Moreover, because they are based on market prices and extensions to them, the empirical estimates are not indicators of sustainability. Sustainable development is defined and a theoretic indicator is proposed using maximin theory.
引用
收藏
页码:640 / 648
页数:9
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