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We examine whether the use of the environment, proxied by CO2 emissions, as a factor of production contributes, in addition to conventional factors of production to output growth, and thus it should be accounted for in total factor productivity growth (TFPG) measurement and deducted from the...
Persistent link: https://www.econbiz.de/10014051353
We analyze the productivity effects of environmental (green) investment as well as of environmental expenditures and energy expenditures. For this purpose, we follow a production function approach where we account for these investment and expenditure categories as inputs. Based on a panel...
Persistent link: https://www.econbiz.de/10003777829
a stylized dynamic model of pollution control under Knightian uncertainty. At time 0 a decision-maker makes a one … ; Pollution Control …
Persistent link: https://www.econbiz.de/10008858135
production. Production exhibits increasing returns to scale on aggregate. Urban environmental pollution, as a force that … after finite time. -- Cities ; Urbanisation ; Pollution ; Growth ; Migration ; Sustainable Development …
Persistent link: https://www.econbiz.de/10008796287
Total factor productivity growth (TFPG) has been traditionally associated with technological change. We show that when a factor of production, such as energy, generates an environmental externality in the form of CO2 emissions which is not internalized because of lack of environmental policy,...
Persistent link: https://www.econbiz.de/10008810294
Persistent link: https://www.econbiz.de/10009502900
Taking as given that we are consuming too much and that overconsumption leads to environmental degradation, the present paper examines the regulator's choices between informative advertisement and consumption taxation. We model overconsumption by considering individuals that care about social...
Persistent link: https://www.econbiz.de/10010513995
We seek to explain the emergence of spatial heterogeneity regarding development and pollution on the basis of … endogenous growth and convergence behavior, and pollution accumulation in each country with pollution diffusion between countries … capital and pollution rates of flow, spatial heterogeneity emerges even between two economies with identical fundamental …
Persistent link: https://www.econbiz.de/10011299226
Persistent link: https://www.econbiz.de/10009746593
Carbon leakage provides an efficiency argument for unilateral climate policy to differentiate emission prices in favor of emission-intensive and trade-exposed sectors. At the same time, differential emission pricing can be (mis-)used as a beggar-thy-neighbor policy to exploit terms of trade....
Persistent link: https://www.econbiz.de/10009697874