Title of article
Does NNP growth indicate welfare improvement?
Author/Authors
Asheim، Geir B. نويسنده , , Weitzman، Martin L. نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 2001
Pages
-232
From page
233
To page
0
Abstract
We show that instantaneous increases in real NNP over time are an accurate indicator of true dynamic welfare improvements. This highlights a connection between the theory of green (or comprehensive) national income accounting and the theory of real price indices.
Keywords
Directional , Function , translation , Homotheticity , Distance
Journal title
Economics Letters
Serial Year
2001
Journal title
Economics Letters
Record number
21793
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