Artikel

The Aggregation Problem: Implications for Ecological and Biophysical Economics

This article discusses the aggregation problem and its implications for ecological economics. The aggregation problem consists of a simple dilemma: when adding heterogeneous phenomena together, the observer must choose the unit of analysis. The dilemma is that this choice affects the resulting measurement. This means that aggregate measurements are dependent on one's goals, and on the underlying theory. Using simple examples, this article shows how the aggregation problem complicates tasks such as calculating indexes of aggregate quantity, and how it undermines attempts to find a singular metric for complex issues such as sustainability. [Data and analysis for this paper are available at the Open Science Framework: https://osf.io/3smra/]

Sprache
Englisch

Erschienen in
Journal: BioPhysical Economics and Resource Quality ; ISSN: 2366-0120 ; Volume: 4 ; Year: 2019 ; Issue: 1 ; Pages: 1-15 ; Basel: Springer Nature

Klassifikation
Wirtschaft
Capitalist Systems: Political Economy
Other Economic Systems: Political Economy; Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies
Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
Index Numbers and Aggregation; Leading indicators
Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
Sustainable Development
Thema
aggregation
capital stock
GDP
natural capital
sustainability indices

Ereignis
Geistige Schöpfung
(wer)
Fix, Blair
Ereignis
Veröffentlichung
(wer)
Springer Nature
ZBW – Leibniz Information Centre for Economics
(wo)
Basel
(wann)
2019

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

  • Artikel

Beteiligte

  • Fix, Blair
  • Springer Nature
  • ZBW – Leibniz Information Centre for Economics

Entstanden

  • 2019

Ähnliche Objekte (12)