degradation increases in the early stages of growth, but it eventually decreases as income exceeds a threshold level. The present …

between economic growth and environmental degradation in the context of endogenous growth. An important feature of this study … is that the EKC is examined in the presence of pollution as a by product of consumption activities; also, pollution is a … environment, consumers do not consider directly pollution in the maximization problem and are assumed to choose between two …

The analysis finds that in addition to U-shaped paths of environmental quality arising for growth in income per capita …, growth in population can also produce socially efficient patterns that are U-shaped. Sufficient conditions for both types of …

economic growth deteriorates the environment through increasing amounts of pollution, the deteriorated environment in turn …This paper examines the implications of the mutual causality between environmental quality and economic growth. While … limits the possibility of further economic growth. In a less developed country, this link, which we call “limits to growth …

The paper investigates socially optimal patterns of economic growth and environmental quality in a neoclassical growth … in R&D. Thus, there will be a first stage of growth based only on the accumulation of capital with a decreasing … environmental quality until the moment that pollution is great enough to make profitable the investment in R&D. After this turning …

the income-pollution pattern observed in the real world. Low levels of income involve high values of discount rate, that … are obstacles to the adoption of a pollution abatement policy. Only when the discount rate falls, as a consequence of … growth, will it be possible to implement measures for emissions reduction. Thus we are able to derive an inverse U …

We develop an overlapping generations model where consumption is the source of polluting emissions. Pollution stock … and vanishes beyond a critical level of pollution. We first show that multiple equilibria exist. More importantly, some … exhibit irreversible pollution levels although an abatement activity is operative. Thus, the simple engagement of maintenance …

number of empirical studies have tried to discover and quantify the causal relations between economic growth and … wider concept of development rather than pure economic growth, including well-being aspects and sustainability of the …