Arbeitspapier

Valuation of Social Capital and Environmental Externalities

The transition from more traditional to modern modes of production has large implications for time allocation, accumulation of social capital, market and non-market production, consumption, as well as for the environmental externalities of production and consumption. In this paper we explicitly take into account the time allocation aspect in the formation of social capital. We analyze how time allocation, accumulation of social capital and production depend on the productivity in the transformation of time to social capital, productivity of social capital in the production of commodities and valuation of social capital. We find that a higher valuation of social capital does not necessarily lead to more leisure or other non-market activities, reduced consumption and potentially improved environment, the relationship is highly sensitive to the assumptions about accumulation of social capital.

Sprache
Englisch

Erschienen in
Series: Discussion Papers ; No. 277

Klassifikation
Wirtschaft
Time Allocation and Labor Supply
Externalities
Thema
Time allocation
Social capital
Environmental externalities

Ereignis
Geistige Schöpfung
(wer)
Aslaksen, Iulie
Brekke, Kjell Arne
Ereignis
Veröffentlichung
(wer)
Statistics Norway, Research Department
(wo)
Oslo
(wann)
2000

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Aslaksen, Iulie
  • Brekke, Kjell Arne
  • Statistics Norway, Research Department

Entstanden

  • 2000

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