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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"...
Persistent link: https://www.econbiz.de/10010484504
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...
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The environmental Kuznets curve (EKC) has been the dominant approach among economists to modeling aggregate pollution emissions and ambient pollution concentrations over the last quarter century. Despite this, the EKC was criticized almost from the start and decomposition approaches have been...
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