A note on national income in a dynamic economy

Sammanfattning

We review the properties of the static measure of changes in economic welfare, national income, in a dynamic economy. It is possible to establish attractive welfare properties by rather simple arguments, and this can be estimated from current data. Its welfare properties are preferable to those of net national product and comparable to those of the state valuation function. (c) 2007 Published by Elsevier B.V.

Nyckelord

representative agent; national income; wealth; Sustainability; cost-benefit

Publicerad i

Economics Letters
2008, volym: 98, nummer: 1, sidor: 2-8
Utgivare: ELSEVIER SCIENCE SA

SLU författare

• Kriström, Bengt

  • Institutionen för skogsekonomi, Sveriges lantbruksuniversitet
    

UKÄ forskningsämne

Ekonomi och näringsliv
Samhällsvetenskap

Publikationens identifierare

• DOI: https://doi.org/10.1016/j.econlet.2006.12.003

Permanent länk till denna sida (URI)

https://res.slu.se/id/publ/15189