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Author:Asheim, G.B.
Buchholz, W.
Title:A general approach to welfare measurement through national income accounting
Journal:Scandinavian Journal of Economics
2004 : VOL. 106:2, p. 361-384
Index terms:Accounting
National income
Welfare
Language:eng
Abstract:This article develops a framework for analyzing national income accounting using a revealed welfare approach that is sufficiently general to cover, both the standard discounted utilitarian and maximin criteria as special cases. It is shown that the basic welfare properties of comprehensive national income accounting, previously ascribed only to the discounted utilitarian case, extend to this more general framework.
SCIMA record nr: 255406
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