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that the influence of environment on optimal growth in the long-run may be explained by the detrimental effect of pollution … on life expectancy. It also shows that, in such a case, greener preferences are growth- and welfare-improving even if the …
Persistent link: https://www.econbiz.de/10005385426
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 …
Persistent link: https://www.econbiz.de/10005385436
The attitude of future generations towards environmental assets may well be different from ours, and it is necessary to take into account this possibility explicitly in the current debate about environmental policy. The question we are addressing here is: should uncertainty about future...
Persistent link: https://www.econbiz.de/10010750447
taxation and the economic activity (level- and growth-output) becomes inverted-U shaped, when the detrimental impact of …, a tighter environmental tax is more likely to promote (rather than to harm) output-level and –growth when health is very …
Persistent link: https://www.econbiz.de/10008502092
growth and the quantity of various pollutants produced has recently increased significantly. In several cases researchers …
Persistent link: https://www.econbiz.de/10005423095
used in the abatement sector determines the existence and the direction of the growth-effect. A tighter environmental tax …
Persistent link: https://www.econbiz.de/10009002687
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 .residual. A theoretical framework of growth accounting methodology … from a panel of 23 OECD countries, we show that emissions. growth have a statistically significant contribution to the …
Persistent link: https://www.econbiz.de/10005392526
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 …
Persistent link: https://www.econbiz.de/10005230853
Since its first inception in the debate on the relationship between environment and growth in 1992, the Environmental …
Persistent link: https://www.econbiz.de/10005230865
Combining unique data bases on emissions with sectoral output and employment data, we study the sources of the fall in world-wide SO2 emissions and estimate the impact of trade on emissions. Contrarily to concerns raised by environmentalists, an emission-decomposition exercise shows that scale...
Persistent link: https://www.econbiz.de/10005230876