Nachhaltige Entwicklung - Ökonomische Implikationen / Sustainable Development - Economic Implications

Radke Volker
Additional contact information
Radke Volker: Fern Universität Hagen, Fachbereich Wirtschaftswissenschaft, Kleine Straße 22, D-58084 Hagen

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), 1995, vol. 214, issue 3, 289-301

Abstract: The conditions for achieving environmentally sustainable development are discussed. The point of departure is the theoretical insight that choosing a path leading to the environmental collapse may be, under certain circumstances, a socially optimal strategy. Ecologiste' recommendations to renounce a discounting of future welfare as well as the notion of substitutability of consumption and environmental quality and a monetary evaluation of environmental goods are shown not to avoid the desaster. A more optimistic perspective of sustainability is presented emphasizing the present generation's self-interest in carefully handling the natural resource base.

Date: 1995
References: Add references at CitEc
Citations:

Downloads: (external link)
https://doi.org/10.1515/jbnst-1995-0304 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:jns:jbstat:v:214:y:1995:i:3:p:289-301

DOI: 10.1515/jbnst-1995-0304

Access Statistics for this article

Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik) is currently edited by Peter Winker

More articles in Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik) from De Gruyter
Bibliographic data for series maintained by Peter Golla ().