Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1016/j.ecolecon.2019.106382 |
The Role of Technological Progress in Testing Adjusted Net Savings: Evidence from OECD Countries | |
Mota, Rui Pedro; Cunha-e-Sa, Maria A. | |
2019-10-01 | |
发表期刊 | ECOLOGICAL ECONOMICS |
ISSN | 0921-8009 |
EISSN | 1873-6106 |
出版年 | 2019 |
卷号 | 164 |
文章类型 | Article |
语种 | 英语 |
国家 | Portugal |
英文摘要 | In this paper we investigate the relationship between comprehensive measures of savings and changes in future consumption in OECD countries. This relationship is at the basis of the interpretation of adjusted net savings as a weak sustainability indicator, and so, evidence of its validity provides support to the use of this indicator. We construct various measures of comprehensive savings for 20 OECD countries to include depletion from non-renewable resources, human capital investment and technological progress. Given their importance, especially for rich countries, we focus on the role of technical progress and human capital, in the form of changes in education level. We do not find strong evidence in favor of including green adjustments in the conventional net savings. However, we find compelling evidence for the inclusion of technological progress. Since this involves a forward looking term, the above result suggests that to construct an indicator of weak sustainability from conventional net savings, some estimate of future technological progress is needed. |
英文关键词 | Adjusted net savings Indicators of weak sustainability Technological progress Comprehensive accounting |
领域 | 资源环境 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000480374500041 |
WOS关键词 | GENUINE SAVINGS ; SUSTAINABILITY ; WELFARE ; INDICATOR ; INCOME ; WEAK ; NNP |
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/187269 |
专题 | 资源环境科学 |
作者单位 | Univ Nova Lisboa, NOVA Sch Business & Econ, Campus Carcavelos Rua Holanda 1, P-2775405 Carcavelos, Portugal |
推荐引用方式 GB/T 7714 | Mota, Rui Pedro,Cunha-e-Sa, Maria A.. The Role of Technological Progress in Testing Adjusted Net Savings: Evidence from OECD Countries[J]. ECOLOGICAL ECONOMICS,2019,164. |
APA | Mota, Rui Pedro,&Cunha-e-Sa, Maria A..(2019).The Role of Technological Progress in Testing Adjusted Net Savings: Evidence from OECD Countries.ECOLOGICAL ECONOMICS,164. |
MLA | Mota, Rui Pedro,et al."The Role of Technological Progress in Testing Adjusted Net Savings: Evidence from OECD Countries".ECOLOGICAL ECONOMICS 164(2019). |
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