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&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 …
Persistent link: https://www.econbiz.de/10005230919
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 …
Persistent link: https://www.econbiz.de/10005385426
The question of the spatial impacts of the Information and Communication Technology (ICT) has animated the intellectual and policy debate for a long time. At the beginning of the 1990s the rise of the Internet brought a new surge of debate: it was argued that the Internet would free the economy...
Persistent link: https://www.econbiz.de/10005423154
This paper aims to enrich the standard toolbox for measuring diversity in economics. In so doing, we compare the indicators of diversity used by economists with those used by biologists and ecologists. Ecologists and biologists are concerned about biodiversity: the diversity of organisms that...
Persistent link: https://www.econbiz.de/10005385349
We consider a two-stage public goods provision game: In the first stage, players simultaneously decide if they will join a contribution group or not. In the second stage, players in the contribution group simultaneously offer contribution schemes in order to influence the government’s choice...
Persistent link: https://www.econbiz.de/10004990061
standard multisector growth model accommodating these features to show that inefficient intermediate production strongly …
Persistent link: https://www.econbiz.de/10009421237
In the current age of trade and financial openness, local economies in developing countries are becoming increasingly exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide an insight into the interaction between external...
Persistent link: https://www.econbiz.de/10008674328
This paper analyses a set of new scenarios for energy markets in Europe to evaluate the consistency of economic incentives and climate objectives. It focuses in particular on the role of natural gas across a range of climate policy scenarios (including the Copenhagen Pledges and the EU Roadmap)...
Persistent link: https://www.econbiz.de/10010701057
-type growth model for Germany that integrates a detailed bottom-up energy system module, coupled by a hard link. The model …
Persistent link: https://www.econbiz.de/10009650284
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 …
Persistent link: https://www.econbiz.de/10010904908