Production often causes pollution as a by-product. Once pollution problems become too severe, regulation is introduced by political authorities which forces the economy to make a transition to cleaner production processes. We model this transition as a change in "general purpose technology"...

In diesem Beitrag werden die Auswirkungen einer wirtschaftlichen Integration auf das langfristige Wachstum analysiert. Dabei wird von international unterschiedlichen Faktorausstattungen, einer unvollständigen Wissensdiffusion und der Existenz von Umweltproblemen ausgegangen. Als Resultat einer...

The paper develops an integrated baseline model to assess the trade-offs between the natural environment and economic growth. Consumption growth is considered under welfare and sustainability aspects. The framework features capital accumulation and the sectoral structure of the economy as key...