endogenous growth model. Individuals take only part of their impact on pollution into account, hence there is a negative … externality of capital accumulation on environmental quality. Increasing wealth or increasing pollution enhance green attitude and … reduce the externality, because individuals care more about the environment if their income is higher or if pollution is more …

This paper analyzes stochastic productive pollution within a model of endogenous growth. The extent to which the agents … perceive their individual influence on aggregate pollution is parameterized. Recursive preferences allow for the separation … stochastic pollution tax, which is uncorrelated with the technological uncertainty of pollution, is compared with a pure …

This paper analyzes the impact of pollution and abatement policy within a stochastic endogenous growth model. The …

, environmental regulation, productivity, and consumer preferences have contributed to these reductions in pollution emissions. We … estimate the model's key parameters using administrative data on plant-level production and pollution decisions. We then … pollution changes. Finally, we compare the model-driven decomposition to a statistical decomposition. The model and data suggest …

, environmental regulation, productivity, and consumer preferences have contributed to these reductions in pollution emissions. We … estimate the model's key parameters using administrative data on plant-level production and pollution decisions. We then … pollution changes. Finally, we compare the model-driven decomposition to a statistical decomposition. The model and data suggest …