A note on national income in a dynamic economy

被引:5
|
作者
Heal, Geoffrey [1 ]
Kristrom, Bengt [1 ]
机构
[1] SLU, Dept Forest Econ, S-90183 Umea, Sweden
关键词
representative agent; national income; wealth; Sustainability; cost-benefit;
D O I
10.1016/j.econlet.2006.12.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
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.
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页码:2 / 8
页数:7
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