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...

Full description

Saved in:
Bibliographic Details
Main Author: Hirofumi Uzawa
Format: Article
Language:English
Published: Wiley 2002-01-01
Series:Discrete Dynamics in Nature and Society
Subjects:
Online Access:http://dx.doi.org/10.1155/S1026022602000286
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1832552826864140288
author Hirofumi Uzawa
author_facet Hirofumi Uzawa
author_sort Hirofumi Uzawa
collection DOAJ
description 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.
format Article
id doaj-art-1d43bce7909b4c7ba59e306f9ccdceb0
institution Kabale University
issn 1026-0226
1607-887X
language English
publishDate 2002-01-01
publisher Wiley
record_format Article
series Discrete Dynamics in Nature and Society
spelling doaj-art-1d43bce7909b4c7ba59e306f9ccdceb02025-02-03T05:57:37ZengWileyDiscrete Dynamics in Nature and Society1026-02261607-887X2002-01-017424925910.1155/S1026022602000286Intergenerational equity and dynamic duality principlesHirofumi Uzawa0Research and Development Initiative, 42-8, Motomura-cho, Ichigaya, Shinjuku, Chuo University, Tokyo 162-8473, JapanThe 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.http://dx.doi.org/10.1155/S1026022602000286Intergenerational equity; Imputed prices; Dynamic duality principles for intertemporal preference and capital accumulation; Environmental quality; The Penrose effect; Global warming.
spellingShingle Hirofumi Uzawa
Intergenerational equity and dynamic duality principles
Discrete Dynamics in Nature and Society
Intergenerational equity; Imputed prices; Dynamic duality principles for intertemporal preference and capital accumulation; Environmental quality; The Penrose effect; Global warming.
title Intergenerational equity and dynamic duality principles
title_full Intergenerational equity and dynamic duality principles
title_fullStr Intergenerational equity and dynamic duality principles
title_full_unstemmed Intergenerational equity and dynamic duality principles
title_short Intergenerational equity and dynamic duality principles
title_sort intergenerational equity and dynamic duality principles
topic Intergenerational equity; Imputed prices; Dynamic duality principles for intertemporal preference and capital accumulation; Environmental quality; The Penrose effect; Global warming.
url http://dx.doi.org/10.1155/S1026022602000286
work_keys_str_mv AT hirofumiuzawa intergenerationalequityanddynamicdualityprinciples