When there are pollution externalities the competitive equilibrium is not Pareto-optimal nor environmentally …. We characterize this socially optimal soclution and study conditions for the sustainability of the balanced growth path …. We find a trade-off between environmental quality and growth. The rate of growth depends negatively on the weight of …

and economic growth literature, including the problem of global warming, the corresponding climate change, and the impact … on economic system. This paper considers two environmental externalities: the first one is local and gives account of the … growth path shows a singularity with trajectories truncating and changing of course. With respect to the economy's long …

innovation rates, and by extension on the economic growth rate. We demonstrate that a higher share of the population being poor … is detrimental to the rate of economic growth, while a redistribution of wealth from rich to poor consumers increases the …

-Schumpeterian endogenous growth model, it is shown that the intellectual appropriation share of new commercial valuable idea by private firms … way the endogenous per capita output growth rate. The existence of a trade off between the per capita output growth rate … allows to have better growth performance even if public R&D investment crowds out private innovative effort. A gain a trade …