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 …

North and South. Instrumental variables estimates show that social capital affects growth both directly and through … growth in the Italian regions. …

The standard neoclassical growth model with Cobb-Douglas production predicts a monotonically declining saving rate … data. We introduce two non-standard features of preferences into a neoclassical growth model with CES production …

The standard neoclassical growth model with Cobb-Douglas production predicts a monotonically declining saving rate …, implies transitional dynamics of the saving rate that accords well with empirical evidence. This holds true even in a growth …

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 …

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 …

Data on the growth performances of countries with similar comparative (dis)advantage and political institutions reveal … a striking variation across world regions. While some former autocracies such as the East Asian growth miracles have …

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