Green net national product for the sustainability and social welfare

Dr Haradhan Mohajan ()

MPRA Paper from University Library of Munich, Germany

Abstract: This paper discusses the theory of green national accounting and, emphasizes on social welfare and sustainable accounting. Weitzman provides a foundation for net national product as the stationary equivalent of a wealth maximizing path when there is a constant interest rate and no exogenous technological progress. An attempt has been taken here to make the relationship with different incomes and green net national product, under no exogenous technological progress and a constant utility discount rate. The paper shows that green net national product measures the gross social profit rather than net social profit.

Keywords: Green NNP; National accounting; Social welfare and Sustainability. (search for similar items in EconPapers)
JEL-codes: I38 (search for similar items in EconPapers)
Date: 2010-08-15, Revised 2011-02-18
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (8)

Published in International Journal of Development Research and Quantitative Technologies 2.1(2011): pp. 43-55

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:50840

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