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degradation increases in the early stages of growth, but it eventually decreases as income exceeds a threshold level. The present …
Persistent link: https://www.econbiz.de/10009391480
We analyze the efficiency of urbanization patterns in a dynamic model of endogenous urban growth with two sectors of … equilibrium, compared to the efficient urbanization path, if economic growth implies increasing aggregate emissions. If, on the … other hand, production becomes cleaner over time (`quality growth') the urbanization path approximates the efficient outcome …
Persistent link: https://www.econbiz.de/10005230846