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accumulation and the sectoral structure of the economy as key elements to cope with resource scarcity and pollution. Model …
Persistent link: https://www.econbiz.de/10012981598
Production often causes pollution as a by-product. Once pollution problems become too severe, regulation is introduced … claim that the rise and decline of pollution can be explained by policy-induced technology shifts …
Persistent link: https://www.econbiz.de/10001529026
Persistent link: https://www.econbiz.de/10001531820
resources which cause greenhouse gas emissions; pollution stock harms capital and reduces economic growth. We find a big effect … robustness of the results by adding pollution decay and lowering the elasticity of intertemporal substitution which does not …
Persistent link: https://www.econbiz.de/10012946363
baseline model by adding climate-induced fluctuations around the growth trend and stock-pollution effects, demonstrating …
Persistent link: https://www.econbiz.de/10013040491
subsequently extend the baseline model by adding climate-induced fluctuations around the growth trend and stock-pollution effects …
Persistent link: https://www.econbiz.de/10013048705
Persistent link: https://www.econbiz.de/10015177196
Production often causes pollution as a by-product. Once pollution problems become too severe, regulation is introduced … and decline of pollution can be explained by policyinduced technology shifts. …
Persistent link: https://www.econbiz.de/10010484504
Production often causes pollution as a by-product. Once environmental degradation becomes too severe, regulation is …-improvements. The model gives an explanation for the inverted U-shaped pollution-income relation found in empirical research for many …
Persistent link: https://www.econbiz.de/10003082488
We study the optimal control of a pollutant that accumulates with a delay.We find that optimal paths are, in general, non-monotonic and oscillatory, but monotonic if the objective function is additively separable. Hence, using additively separable objective functions as an approximation to a...
Persistent link: https://www.econbiz.de/10003762155