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countries. Whenever feasible, optimal policies implement sustainable growth by directing global innovation to the nonpolluting … calibration exercise suggests that the US or EU alone are too small to implement sustainable growth. A coalition of Annex I … countries that signed the Kyoto protocol can implement sustainable growth, yet required tax rates are very high. …
Persistent link: https://www.econbiz.de/10011307253
Economic globalization affects the environment and sustainable development in several ways and through various channels. The purpose of this paper is to review the key links between globalization and the environment. The paper intends to consider the major issues in multilateral economic...
Persistent link: https://www.econbiz.de/10011324958
model the process of technological change. In keeping with recent theories of endogenous growth, we specify two ways in …
Persistent link: https://www.econbiz.de/10011325043
historic relationship between income distribution and income growth, the inverted-U relationship between per capita income and …
Persistent link: https://www.econbiz.de/10011325114
problem is thus not emissions but economic growth. Therefore the key question is whether or not the Kyoto Protocol provides an … opportunity for growth and thus for their economic development. The only way to accelerate the participation of developing … which enable their economic development. The dilemma of reducing emissions on a global scale while ensuring growth in the …
Persistent link: https://www.econbiz.de/10011325115
The relationship between economic growth and pollution is very complex, depending upon a host of different factors … the class of optimal growth models. These are usually studied from the point of view of the analytical conditions that … must hold in order to obtain an inverted-U functional relationship between pollution and growth. These models are however …
Persistent link: https://www.econbiz.de/10011325121
In this paper we use a simple climate model with endogenous environmental technical change in order to analyse the effects on equity and efficiency of different degrees of restrictions on trade in the market for pollution permits. The model is obtained by incorporating in Nordhaus and Yang...
Persistent link: https://www.econbiz.de/10011608607
endogenous growth model is presented, which also accounts for the possibility that technical change can be induced by … terms of cost efficiency, economic growth and R&D efforts of the three different specifications of technical change. …
Persistent link: https://www.econbiz.de/10011608826
This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy...
Persistent link: https://www.econbiz.de/10010272497
Climate-economy models aiming at quantifying the costs and effects of climate change impacts and policies have become important tools for climate policy decision-making. Although there are several important dimensions along which models differ, this paper focuses on a key component of climate...
Persistent link: https://www.econbiz.de/10010272498