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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 …
Persistent link: https://www.econbiz.de/10005385426
This article investigates the influence of environmental policy on growth assuming that the channel of transmission relies on the link between pollution, health and the survival probability, in an overlapping generations model à la Blanchard (1985) where growth is driven by a mechanism à la...
Persistent link: https://www.econbiz.de/10005385436
shows that, depending on the relative damage inflicted by the two industries on the environment, it is possible that the …
Persistent link: https://www.econbiz.de/10005385441
&Gas industry and its links with the energy sector and the environment. In the next decade oil companies will have to deal with …
Persistent link: https://www.econbiz.de/10005385444
Since oil is a non-renewable resource with a high environmental impact, and its most common use is to produce combustibles for electricity, reliable methods for modelling electricity consumption can contribute to a more rational employment of this hydrocarbon fuel. In this paper we apply the...
Persistent link: https://www.econbiz.de/10005385445
In a two-period overlapping generations model, this paper demonstrates that the relationship between the environmental taxation and the economic activity (level- and growth-output) becomes inverted-U shaped, when the detrimental impact of pollution on health and the private decision of each...
Persistent link: https://www.econbiz.de/10008502092
This article studies how demography affects the outcome of the environmental policy in a macro-economic perspective, incorporating age-earning profiles in an OLG model à la Blanchard (1985) to capture the age structure effect of the demographic shocks. It first demonstrates, conversely to...
Persistent link: https://www.econbiz.de/10005012136
, increases social welfare and has no effect on the environment. On the other hand, an increase of VAT rates on tourism …
Persistent link: https://www.econbiz.de/10005423056
As tourism is becoming one of the most important sectors of the world economy, the number of small islands trying to develop a competitive tourist activity is increasing and this strategy appears as growth enhancing. In most cases, it is built on the environmental quality of the destination but...
Persistent link: https://www.econbiz.de/10005423094
The number of studies seeking to empirically characterize the reduced-form relationship between a country's economic growth and the quantity of various pollutants produced has recently increased significantly. In several cases researchers have found evidence in favor of an inverted-U...
Persistent link: https://www.econbiz.de/10005423095