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Which kind of commitment for future generations? Testing generational accounting in Calabria Region

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  • F. Roccisano

Abstract

This paper aims at highlighting the importance of equity between present and future generations from a fiscal and legal point of view. In particular, this paper suggests the idea that public sector should take the responsibility to intervene in such an issue, not simply by drawing a picture of or naming the matter, as for the theory of sustainable development, but also by assuming some concrete problem-solving tools. Throughout this paper, in fact, some economic theories will be presented which recognize the importance of equity between generations, defining the barriers of jurisdiction - i.e. what is a generational public good and what is the welfare of future generations -, and, above all, some innovative tools will be proposed as potential public interventions aimed at limiting such an inequality.

Suggested Citation

  • F. Roccisano, 2010. "Which kind of commitment for future generations? Testing generational accounting in Calabria Region," Rivista economica del Mezzogiorno, Società editrice il Mulino, issue 4, pages 1007-1031.
  • Handle: RePEc:mul:jqyfkm:doi:10.1432/34194:y:2010:i:4:p:1007-1031
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    Keywords

    Intergenerational Equity; Economic Policy; Generational Accounting; H23; H53; I32.;
    All these keywords.

    JEL classification:

    • H23 - Public Economics - - Taxation, Subsidies, and Revenue - - - Externalities; Redistributive Effects; Environmental Taxes and Subsidies
    • H53 - Public Economics - - National Government Expenditures and Related Policies - - - Government Expenditures and Welfare Programs

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