Fischer, Carolyn; Withagen, Cees; Toman, Michael - In: Environmental & Resource Economics 28 (2004) 3, pp. 325-345
For the mitigation of long-term pollution threats, one must consider that both the process of environmental degradation … derive the socially optimal pollution stock accumulation and creation of nonpolluting production capacity, weighing the … the pollution decay rate, the capacity depreciation rate, and the initial state of the environment on both the steady …