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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 … 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
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
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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
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 … pollution can be explained by policy-induced technology shifts and intrasectoral changes …
Persistent link: https://www.econbiz.de/10014059448
We analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical...
Persistent link: https://www.econbiz.de/10008746684