منابع مشابه
Genuine Savings as a Test of New Zealand Weak Sustainability
The key aims of this paper are to: i) to extend the World Bank’s (WB) measure of Genuine Savings (GS) for New Zealand by using a longer time-series of data, 1950 – 2015; ii) improve GS estimates for New Zealand by adding additional dimensions to GS i.e. forestry; iii) investigate the relationship between several GS measures and the discounted values of GDP per capita and consumption per capita,...
متن کامل6. A critical appraisal of genuine savings as an indicator of sustainability
Chapters 3, 4 and 5 have introduced the tradition of green national accounting that has now become well established. The basic principles of this tradition are commonly understood by most practitioners to involve accounting for the consumption and accumulation of produced, human and natural capital, assuming the different capital stocks are infinitely substitutable (weak sustainability). One pa...
متن کاملGenuine Savings Rates in Developing Countries
A formal model of green national accounting demonstrates that ‘genuine’ saving, net saving less the value of resource depletion and environmental degradation, is a useful indicator of sustainability. Country-level and regional calculations of genuine savings are presented for the period 1970-1993. Sub-Saharan Africa stands out as the region where the greatest dissipation of wealth is occurring....
متن کاملThe Genuine Savings Criterion and The Value of Population
Executive Summary In any dynamic model of the economy with changing population, population should properly be one of the state variables of the system. It enters both in the maxim and, at least under total utilitarianism, and into the production function in one way or another. If population growth is exponential and there are constant returns to scale, then a simple transformation to per capita...
متن کاملGenuine Savings as an Indicator for “Weak” Sustainability: Critical Survey and Possible Ways forward in Practical Measuring
Published by the World Bank (as “Adjusted Net Savings”) for around 160 countries, Genuine Savings (GS) presents the most respected but also the most debated indicator for “weak” sustainability. It originates from the so-called “Hartwick rule” for the re-investment of rents from the depletion of natural in reproducible forms of capital. Coming from the theoretical reasoning behind GS, this paper...
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ژورنال
عنوان ژورنال: Journal of Economic Surveys
سال: 2015
ISSN: 0950-0804
DOI: 10.1111/joes.12120