Intergenerational equity and dynamic duality principles
The concept of intergenerational equity concerning intertemporal paths of consumption and capital accumulation is introduced and the analysis of the dynamic processes of capital accumulation and changes in environmental quality that are intergenerationally equitable is developed. The analysis is bas...
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| Format: | Article |
| Language: | English |
| Published: |
Wiley
2002-01-01
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| Series: | Discrete Dynamics in Nature and Society |
| Subjects: | |
| Online Access: | http://dx.doi.org/10.1155/S1026022602000286 |
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| Summary: | The concept of intergenerational equity concerning intertemporal paths of consumption and capital accumulation is introduced and the analysis of the dynamic processes of capital accumulation and changes in environmental quality that are intergenerationally equitable is developed. The analysis is based upon the dynamic duality principles, as originally developed by Koopmans and Uzawa, and later extended to the case involving environmental quality. |
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| ISSN: | 1026-0226 1607-887X |