Environmental capital and sustainable income: basic concepts and empirical tests
基于环境会计的基本原理,将凯恩斯框架扩展到可持续收入的确定,利用美国宏观经济与环境数据,推导可持续收入路径并评估实现充分就业与可持续收入的工资和技术政策。
Building on the basic tenet of environmental accounting, a simple Keynesian framework is adapted for the determination of sustainable income. The adaptation involves the formulation of linear as well as nonlinear frameworks of income determination. These frameworks are empirically demonstrated for the U.S. economy by integrating standard macroeconomic data with macroenvironmental data. The analysis includes the derivation of sustainable income paths and the evaluation of wages and technology/management policies for jointly achieving full employment and sustainable income. The results indicate efficiency improvements in the utilization of environmental capital and possible convergence between the sustainable and actual income paths. Copyright 1997 by Oxford University Press.