haku: @author Amir, S. / yhteensä: 2
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Tekijä: | Amir, S. |
Otsikko: | The environmental cost of sustainable welfare |
Lehti: | Ecological Economics
1995 : APR, VOL. 13:1, p. 27-42 |
Asiasana: | WELFARE COSTS ENVIRONMENT |
Kieli: | eng |
Tiivistelmä: | Welfare is a measure of the well-being of society. It is sustainable if it can be maintained steadily for many years. according to neoclassical economic theory, value - that is the flow of welfare attributed to the totality of available outputs - is generated, distributed and consumed solely within the economy. When environmental externalities are absent, or after they have been internalized, environment-derived welfare is constant, and no environmental costs need to be incurred to sustain economy-derived welfare. |
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