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Author:Neumayer, E.
Title:On the methodology of ISEW, GPI and related measures: some constructive suggestions and some doubt on the "threshold" hypothesis
Journal:Ecological Economics
2000 : SEP, VOL. 34:3, p. 347-362
Index terms:WELFARE
SUSTAINABLE DEVELOPMENT
NATURAL RESOURCES
Language:eng
Abstract:Existing country studies of the Index of Sustainable Economic Welfare (ISEW), the Genuine Progress Indicator (GPI) and related measures, while sharing the same basic methodological approach, differ with respect to the valuation of important items. This paper provides a critical, but constructive, discussion of the various methods used for the valuation of non-renewable resource depletion and long-term environmental damage, and for the weighting of consumption expenditures for income inequalities.
SCIMA record nr: 217532
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