Notes on environmental regulation and growth

This paper looks at the costs of regulating the environment on economic growth in a model that has increasing returns to scale in production at lower levels of development. It concludes that these costs are low, as are the costs of moving from a non-optimal regulatory policy to an optimal one. The implied shape of the Environmental Kuznets Curve may have one or two humps, but this depends upon the underlying parameters.

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Year of publication:	2008
Authors:	Markandya, Anil ; Golub, Alexander
Published in:	International Journal of Global Environmental Issues. - Inderscience Enterprises Ltd. - Vol. 8.2008, 4, p. 335-354
Publisher:	Inderscience Enterprises Ltd
Subject:	economic growth \| environmental Kuznets curve \| environmental policy \| greenhouse gases \| GHG emissions \| increasing returns to scale \| Kyoto protocol \| environmental regulation

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

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