Showing 1 - 10 of 11
that the influence of environment on optimal growth in the long-run may be explained by the detrimental effect of pollution …
Persistent link: https://www.econbiz.de/10005385426
This article investigates the influence of environmental policy on growth assuming that the channel of transmission relies on the link between pollution, health and the survival probability, in an overlapping generations model à la Blanchard (1985) where growth is driven by a mechanism à la...
Persistent link: https://www.econbiz.de/10005385436
This note shows that the assumptions about the abatement technology modify the impact of the environmental taxation (both the size and the “direction”) on the long-run growth driven by human capital accumulation à la Lucas (1988), when the source of pollution is private consumption and...
Persistent link: https://www.econbiz.de/10008465533
In a two-period overlapping generations model, this paper demonstrates that the relationship between the environmental taxation and the economic activity (level- and growth-output) becomes inverted-U shaped, when the detrimental impact of pollution on health and the private decision of each...
Persistent link: https://www.econbiz.de/10008502092
The number of studies seeking to empirically characterize the reduced-form relationship between a country's economic growth and the quantity of various pollutants produced has recently increased significantly. In several cases researchers have found evidence in favor of an inverted-U...
Persistent link: https://www.econbiz.de/10005423095
This article challenges the conventional result that a tighter environmental tax has no long-run effect on human capital accumulation in the presence of pollution arising from final output production. It demonstrates that the technology used in the abatement sector determines the existence and...
Persistent link: https://www.econbiz.de/10009002687
We examine whether the use of the environment, proxied by CO2 emissions, as a factor of production contributes, in … with environment as a factor of production which is unpaid in the absence of environmental policy is developed. Using data … environment as a not fully compensated factor of production. Our results point towards the need for developing a concept of "Green …
Persistent link: https://www.econbiz.de/10005392526
This article demonstrates that when finite lifetime is introduced in a Lucas (1988) growth model, the environmental policy may enhance growth both in the short- and the long-run, while pollution does not influence educational activities, labor supply is not elastic and human capital does not...
Persistent link: https://www.econbiz.de/10005230853
Since its first inception in the debate on the relationship between environment and growth in 1992, the Environmental …
Persistent link: https://www.econbiz.de/10005230865
Combining unique data bases on emissions with sectoral output and employment data, we study the sources of the fall in world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists, an emission-decomposition exercise shows that scale...
Persistent link: https://www.econbiz.de/10005230876