search query: @author Mäler, K.-G. / total: 3
reference: 1 / 3
« previous | next »
| Author: | Arrow, K. J. Dasgupta, P. Mäler, K.-G. |
| Title: | Evaluating projects and assessing sustainable development in imperfect economies |
| Journal: | Environmental and Resource Economics
2003 : DEC, VOL. 26:4, p. 647-685 |
| Index terms: | Cost benefit analysis Accounting Prices Technology transfer Investments |
| Language: | eng |
| Abstract: | The study shows that the same set of accounting prices should be used both for policy evaluation and for assessing whether or not intergenerational welfare along a given economic path will be sustained. The authors also show that a comprehensive measure of wealth, computed in terms of the accounting prices, can be used as an index for problems (2) and (3) above. The remainer of the paper is concerned with rules for estimating the accounting prices of several specific environmental natural resources, transacted in a few well known economic institutions. |
« previous | next »
SCIMA