Dirty versus ecological technology in an endogenous growth model
An endogenous growth model with renewable and nonrenewable Intermediate Goods (IGs) is developed to study the exogenous environmental quality effects on technological-knowledge bias and on Final-Good (FG) sector bias. Solving the transitional dynamics numerically and removing the scale effects, FG sector bias is showed to be caused by both technological-knowledge bias, through the price channel, and technological-knowledge-absorption effect.
Year of publication: |
2012
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Authors: | Meireles, Mónica ; Soares, Isabel ; Afonso, Oscar |
Published in: |
Applied Economics Letters. - Taylor & Francis Journals, ISSN 1350-4851. - Vol. 19.2012, 8, p. 729-733
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Publisher: |
Taylor & Francis Journals |
Saved in:
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