Calcul économique et développement durable

Roger Guesnerie ()

Revue économique, 2004, vol. 55, issue 3, 363-382

Abstract: The paper considers a model with two goods: a private good and an ?environmental? good. The analysis has two basic ingredients: the two goods are imperfectly substitutable and the long run characteristics of substitution are uncertain. An ecological discount rate is defined. It is argued that a plausible long run value for this discount rate is close to zero, at least if the preoccupations of intergenerational equity are strong enough. Classification JEL : D 60, H 43, Q2

JEL-codes: Q2 (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (33)

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