Arbeitspapier

On the Axiomatic Foundation of Ecological Footprint Indices

The objective of this paper is to provide an axiomatic foundation to the concept of ecological footprint indices. For this purpose, we propose five axioms representing general properties which any ecological footprint measure should fulfill. It can be shown that there exists a unique index which is characterized by the given set of axioms. Its functional form is determined and an economic interpretation is given. We find that the proposed index may resolve or confirm some important issues discussed in the literature. First, it incorporates a trade component indicating the ecological footprint of economic activities embodied in the trade pattern of a country or region. Moreover, the productivity of land use in production as a means to mitigate the pressure on the ecological system is reflected. But most importantly, from a methodological point of view, there is no longer the need for designing ecological footprint indices ad-hoc, in particular for the sake of empirical application.

Sprache
Englisch

Erschienen in
Series: Chemnitz Economic Papers ; No. 026

Klassifikation
Wirtschaft
Sustainable Development
Renewable Resources and Conservation: General
Nonrenewable Resources and Conservation: General
Index Numbers and Aggregation; Leading indicators
Thema
Ecological Footprint Index
Axiomatic Foundation
Sustainable Welfare
Economic Inequality

Ereignis
Geistige Schöpfung
(wer)
Kuhn, Thomas
Pestow, Radomir
Zenker, Anja
Ereignis
Veröffentlichung
(wer)
Chemnitz University of Technology, Faculty of Economics and Business Administration
(wo)
Chemnitz
(wann)
2018

Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Kuhn, Thomas
  • Pestow, Radomir
  • Zenker, Anja
  • Chemnitz University of Technology, Faculty of Economics and Business Administration

Entstanden

  • 2018

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