This article investigates the influence of environmental policy on growth assuming that the channel of transmission … (1985) where growth is driven by a mechanism à la Romer (1986). We demonstrate that environmental policy has an ambiguous … effect on growth in the steady-state when the detrimental impact of pollution on health and lifetime is taken into account …

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 …

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 … appearance of newborns at each date creates a turnover of generations which disconnects the aggregate consumption growth to the …