Mohajan, Haradhan Kumar - In: KASBIT Journal of Management & Social Science 4 (2011) December, pp. 89-103
This paper is related to social welfare and sustainability. The real NNP represents the maximized value of flow of … theoretical calculations. The instantaneous increases in real NNP over time are an accurate indicator of true welfare improvements …. The paper shows that welfare is increasing instantaneously over time if and only if real NNP is increasing instantaneously …
