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between income level and pollution). The new specification enables us to draw conclusions from fixed effects estimation. In …
Persistent link: https://www.econbiz.de/10013228239
relationship has been called the out a simple and straight-forward static model of the microfoundations of the pollution … growth, political institutions, or even externalities, and can be consistent with a decentralized economy as well as a Pareto …
Persistent link: https://www.econbiz.de/10013225567
technological progress in abatement, the EKC is a necessary by product of convergence to a sustainable growth path. Our amended … model, which we dub the Green Solow', generates an EKC relationship between both the flow of pollution emissions and income …
Persistent link: https://www.econbiz.de/10013229137
, species extinction and industrial pollution were rising. Recently it has been intensified by the creation of the World Trade … purpose of this essay is set out what we currently know about the environmental consequences of economic growth and … relationship between international trade, economic growth and the environment? How can this evidence help us evaluate ongoing …
Persistent link: https://www.econbiz.de/10013322309
This paper reviews both theory and empirical work on economic growth and the environment. We develop four simple growth … models to help us identify key features generating sustainable growth. We show how some combination of technological progress … for sustainable growth, and then demonstrate how growth models employing any one of these mechanisms generate other …
Persistent link: https://www.econbiz.de/10013244908
measures of air pollution. Statistical significance is lacking for Particulate Matter, but is moderate for NO2, and high for SO … says that growth harms the environment at low levels of income and helps at high levels, and to support the proposition … that openness to trade accelerates the growth process …
Persistent link: https://www.econbiz.de/10013215340
at an annual rate of 1.8 percent. Third, continued growth stems from the fact that economic and population growth will be …
Persistent link: https://www.econbiz.de/10013216506
Between 1990 and 2008, air pollution emissions from U.S. manufacturing fell by 60 percent despite a substantial … suggest that the implicit pollution tax that manufacturers face doubled between 1990 and 2008. These changes in environmental …
Persistent link: https://www.econbiz.de/10013029557
A new and important concept in global warming economics and policy is the social cost of carbon or SCC. This concept represents the economic cost caused by an additional ton of carbon-dioxide emissions or its equivalent. The present study describes the development of the concept as well as its...
Persistent link: https://www.econbiz.de/10013119046
We estimate the respective contributions of institutions, geography, and trade in determining income levels around the world, using recently developed instruments for institutions and trade. Our results indicate that the quality of institutions trumps' everything else. Once institutions are...
Persistent link: https://www.econbiz.de/10013224849