Abstract
In the presence of technological change, output and consumption could rise, and thus intertemporal social welfare V could increase, even if aggregate investment in terms of manufactured, human and natural capital were negative. How can we take such changes into account in assessing changes in intertemporal social welfare, V?.
Original language | English (US) |
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Title of host publication | Sustainability |
Publisher | Taylor and Francis |
Pages | 357-382 |
Number of pages | 26 |
ISBN (Electronic) | 9781351896603 |
ISBN (Print) | 9780754628170 |
DOIs | |
State | Published - Jan 1 2017 |
All Science Journal Classification (ASJC) codes
- Economics, Econometrics and Finance(all)
- General Business, Management and Accounting