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In this paper we study the impact of environmental pollution in an endogenous growth model that allows for structural …. The analysis shows that the presence of environmental externalities stimulates structural change but reduces the growth … stronger environmental damages and, consequently, a lower growth rate than the first one. Finally, levying a tax on the …
Persistent link: https://www.econbiz.de/10011606097
This paper combines horizontal and vertical innovations to generate an endogenous growth model allowing for structural … source of ongoing economic growth. Further, the range of existing sectors stays constat as well as growth rates as long as …
Persistent link: https://www.econbiz.de/10011640582