2010
DOI: 10.1016/j.ecolecon.2010.04.026
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Analysis of genuine saving and potential green net national income: Portugal, 1990–2005

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Cited by 30 publications
(21 citation statements)
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“…The key idea is that different forms of capital may be substituted to sustain development. Theoretical papers such as Hamilton and Clemens (1999), Arrow et al (2004) and Mota et al (2010) demonstrate that, under certain conditions, a positive GS at time t indicates that for future periods t +1, t + 2, well-being, as represented by utility per capita, will be non-declining. An even stronger result has been obtained by Hamilton and Withagen (2007), who illustrate that a positive rate of GS will lead to increasing per capita consumption over time (for a constant population).…”
Section: Theoretical Backgroundmentioning
confidence: 98%
“…The key idea is that different forms of capital may be substituted to sustain development. Theoretical papers such as Hamilton and Clemens (1999), Arrow et al (2004) and Mota et al (2010) demonstrate that, under certain conditions, a positive GS at time t indicates that for future periods t +1, t + 2, well-being, as represented by utility per capita, will be non-declining. An even stronger result has been obtained by Hamilton and Withagen (2007), who illustrate that a positive rate of GS will lead to increasing per capita consumption over time (for a constant population).…”
Section: Theoretical Backgroundmentioning
confidence: 98%
“…An alternative hypothesis for further investigation is that some countries reduced their catches to rebuild previously overfished stocks as a way of increasing their natural capital through genuine savings (see e.g. [9] [21] and [22]). The OECD has recently investigated and compared cases of rebuilding fisheries in an attempt to achieve an overview of some success stories [23] and to facilitate change in the member countries [24] and [25].…”
Section: Discussionmentioning
confidence: 99%
“…Studies have applied various indicators for the purpose of assessing sustainability (for example, Singh and others, 2009;Lawn and Clarke, 2010). Some of the most widely used indicators on the income-environment nexus are genuine savings, otherwise known as adjusted net savings (Hamilton and Clemens, 1999;Nourry, 2008;Mota, Domingos and Martins, 2010;Asici, 2013;Kubiszewski and others, 2013;Greasley and others, 2014); green national net product (Nourry, 2008;Mota, Domingos and Martins, 2010); the system of environmental-economic accounting (Dietz and Neumayer, 2007); the index of sustainable and economic welfare (Nourry, 2008); the ecological footprint (Parker, 1998;Wackernagel and others, 2004a;Lammers and others, 2008;Nourry, 2008;Hubacek and others, 2009;Begum and others, 2009;Galli and others, 2012;Wang, Chou and Lee, 2012); the environmental sustainability index (Pillarisetti and van den Bergh, 2007;Hara and others, 2009); the environmental performance index (Yale Centre for Environment Law and Policy, 2010); the environmental vulnerability index (Kaly, Pratt and Mitchell, 2004;Barnett, Lambert and Fry, 2008), etc.…”
Section: Indicators Of Sustainable Developmentmentioning
confidence: 99%