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DOI | 10.1016/j.ecolecon.2017.07.024 |
Revisiting ISEW Valuation Approaches: The Case of Spain Including the Costs of Energy Depletion and of Climate Change | |
O&1; 39;Mahony, Tadhg2 | |
2018-02-01 | |
发表期刊 | ECOLOGICAL ECONOMICS
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ISSN | 0921-8009 |
EISSN | 1873-6106 |
出版年 | 2018 |
卷号 | 144页码:292-303 |
文章类型 | Article |
语种 | 英语 |
国家 | Spain; Finland |
英文摘要 | This paper develops an Index of Sustainable Economic Welfare for Spain from 1970 to 2012 and seeks to update valuation approaches to a number of items. Two approaches have proven particularly controversial over recent decades; the costs of energy depletion and of climate change. The valuation implications in measuring present welfare have proven problematic, as both include future sustainability consequences arising from resource depletion and environmental impacts. This study includes a 'transition cost' approach to energy depletion, a modified approach to costs of climate change and water pollution, and removes the cost of ozone depletion. The results illustrate that while GDP per capita increased significantly, the ISEW per capita shows a widening gap. Household labour contributes strongly, but income distribution, energy depletion and costs of climate change limit improvement. Sensitivity analysis shows that accumulating climate change costs and escalating energy depletion costs have significant effects. Nevertheless, the new valuation approaches do not alter conclusions that welfare has shown little improvement. The ISEW provides a useful alternative to current indicators such as GDP subject to awareness of limitations. It is a measure of welfare that uses sustainability accounting methods when estimating costs, but is not an indicator of whether welfare is actually sustainable. |
英文关键词 | ISEW, Welfare Sustainable Spain Energy Costs of Climate Change |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000418108500024 |
WOS关键词 | SUSTAINABLE ECONOMIC WELFARE ; METHODOLOGICAL DEVELOPMENTS ; GPI ; INDEX ; GROWTH ; STATE |
WOS类目 | Ecology ; Economics ; Environmental Sciences ; Environmental Studies |
WOS研究方向 | Environmental Sciences & Ecology ; Business & Economics |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/15476 |
专题 | 资源环境科学 |
作者单位 | 1.IMDEA Energy Inst, Syst Anal Unit, Ave Ramon de la Sagra 3, Mostoles 28935, Spain; 2.Rey Juan Carlos Univ, Dept Chem & Energy Technol, Mostoles 28933, Spain; 3.Univ Turku, Finland Futures Res Ctr, Akerlundinkatu 2 B,4 Krs, FI-33100 Tampere, Finland |
推荐引用方式 GB/T 7714 | O&,39;Mahony, Tadhg. Revisiting ISEW Valuation Approaches: The Case of Spain Including the Costs of Energy Depletion and of Climate Change[J]. ECOLOGICAL ECONOMICS,2018,144:292-303. |
APA | O&,&39;Mahony, Tadhg.(2018).Revisiting ISEW Valuation Approaches: The Case of Spain Including the Costs of Energy Depletion and of Climate Change.ECOLOGICAL ECONOMICS,144,292-303. |
MLA | O&,et al."Revisiting ISEW Valuation Approaches: The Case of Spain Including the Costs of Energy Depletion and of Climate Change".ECOLOGICAL ECONOMICS 144(2018):292-303. |
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