IDEAS home Printed from https://ideas.repec.org/a/jid/journl/y1997v06i2p2-2.html
   My bibliography  Save this article

Intra-Generational Wealth Distributional Effects on Global Warming Cosat Benefit Analysis

Author

Listed:
  • E. Muir

Abstract

Howarth and Norgaard (1992) showed in the framework of an inter-temporal general equilibrium model, that in the outcome of CBA with regard to global warming is highly dependant on the distribution of rights between present and future generations. They showed that when more rights were awarded to future generations that the ‘efficient’ level of global warming mitigation was much higher than when present generations were awarded a greater share of the rights. This paper extends their work by showing formally that when preferences of consumers within each generation are not identical that the ‘efficient’ outcome of global warming CBA will also be a function of the distribution of intra-generational rights. This reinforces Howarth and Norgaard’s conclusion that it is questions of rights and ethics rather than aggregates of ‘costs and benefits’ that should be paramount in discussion of the appropriate level of global warming mitigation.

Suggested Citation

  • E. Muir, 1997. "Intra-Generational Wealth Distributional Effects on Global Warming Cosat Benefit Analysis," Journal of Income Distribution, Ad libros publications inc., vol. 6(2), pages 2-2, December.
    • Handle: RePEc:jid:journl:y:1997:v:06:i:2:p:2-2
    as

    Download full text from publisher

    File URL: http://jid.journals.yorku.ca/index.php/jid/article/view/661
    Download Restriction: Some fulltext downloads are only available to subscribers. See JID website for details.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:jid:journl:y:1997:v:06:i:2:p:2-2. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Timm Boenke (email available below). General contact details of provider: https://edirc.repec.org/data/gyorkca.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.