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A General Approach to Welfare Measurement through National Income Accounting

Buchholz, Wolfgang ; Asheim, Geir B.



Abstract

We have benefited from discussions with Kenneth Arrow and Martin Weitzman. We also thank Finn Førsund, Lawrence Goulder, Peter Hammond, Geoffrey Heal and David Miller as well as three anonymous referees for helpful comments. An earlier version was circulated under the title "Progress, Sustainability, and Comprehensive National Accounting". Asheim appreciates the hospitality of the research ...

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