Using an overlapping generation model à la Blanchard (1985) with human capital accumulation, this article demonstrates … that the influence of environment on optimal growth in the long-run may be explained by the detrimental effect of pollution … on life expectancy. It also shows that, in such a case, greener preferences are growth- and welfare-improving even if the …

&D-based endogenous growth model with exhaustible natural resources, labour, knowledge, and physical capital as inputs, the present paper … material balance principles and relying too much on planner solutions to obtain long-term growth. By analysing a multi-sector R … addresses this critique. We study transitional dynamics and the long-term growth path and identify conditions under which firms …

This paper examines the macroeconomic effects of an environmental tax reform in a growing economy. A model of … endogenous growth based on human capital accumulation is used to numerically simulate the growth effects of different … environmental tax to reduce wage tax and increase the proportion of public spending within GDP, enhances both growth and welfare in …

model that has been extensively applied to study climate change mitigation. Our results suggest that climate policy …

Given disparate beliefs about economic growth, technical change and damage caused by climate change, this paper starts … do so, the paper exploits the results of a stochastic optimal control model run for more than 2000 scenarios that …

Is pollution a dirty word? To answer this question we develop an endogenous growth model à la Rebelo (1991) where … sustainable economic growth is attainable only if polluting production activities are taken into account. Moreover, transitional …

neoclassical optimal growth structure (top-down) and a detailed energy input component (bottom-up). The model endogenously accounts …WITCH – World Induced Technical Change Hybrid – is a regionally disaggregated hard-link hybrid global model with a …&D investments. The model features the main economic and environmental policies in each world region as the outcome of a dynamic game …

Applied General Equilibrium model with bottom-up information on abatement techniques. Empirical abatement cost curves are used …

economic growth theory. With such an aim we develop an environmental growth model for an economy specialized in tourism and we …

We develop a partial one-sector model with capital, natural resources, and labor as production factors, and endogenous … specified under which multiple balanced growth paths exist, and it is shown that because of ITC, a temporary resource tax can …