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La valeur sociale du carbone, une innovation de la pensée économique ?

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  • Jacques Perrin

Abstract

COP 21 recognized the social value of ?avoided? carbon emissions. Can this notion be considered as a new conceptual approach of what could be the economic value? In order to move away from the identification of the wealth of a country based on the monetary value of the goods and services produced, the assumption here is that the economic value serves to define the nature of wealth and to measure it. We then emphasize that the notion of economic social value is already present in the works of economists who have developed the notion of social utility and that it is also emerging in discussions about wealth indicators. Finally, we analyze the notion of the ?state-imposed? value of carbon (also called shadow or reference value of carbon), which can be considered as one of the first step in formalizing the economic social value. JEL Codes: E6, O3, Q5

Suggested Citation

  • Jacques Perrin, 2017. "La valeur sociale du carbone, une innovation de la pensée économique ?," Innovations, De Boeck Université, vol. 0(3), pages 149-171.
    • Handle: RePEc:cai:inndbu:inno_pr1_0022
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    More about this item

    Keywords

    value; wealth; social utility; innovation; avoided carbon;
    All these keywords.

    JEL classification:

    • E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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