Michel, Philippe; Rotillon, Gilles - In: Environmental & Resource Economics 6 (1995) 3, pp. 279-300
externality caused by pollution. We study a linear technology with simple assumption: an aggregate capital stock which represents … a learning by doing effect and a pollution flow proportional to production. In this framework, we analyse the precise … effects on growth of the disutility of pollution and its interaction with the utility of consumption in an economy without …