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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
We analyze the efficiency of urbanization patterns in a dynamic model of endogenous urban growth with two sectors of … equilibrium, compared to the efficient urbanization path, if economic growth implies increasing aggregate emissions. If, on the … other hand, production becomes cleaner over time (`quality growth') the urbanization path approximates the efficient outcome …
Persistent link: https://www.econbiz.de/10005230846
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
(both the size and the “direction”) on the long-run growth driven by human capital accumulation à la Lucas (1988), when the …. decreases) the BGP rate of growth. When abatement services are produced with the final output, the environmental taxation does … not influence growth. …
Persistent link: https://www.econbiz.de/10008465533