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Sustainability and substitution of exhaustible natural resources : how resource prices affect long-term R&D investments

Bretschger, Lucas; Smulders, Sjak - 2003

Traditional resource economics has been criticised for assuming too high elasticities of substitution, not observing material balance principles and relying too much on planner solutions to obtain long-term growth. By analysing a multi-sector R&D-based endogenous growth model with exhaustible...

Persistent link: https://www.econbiz.de/10011592713

Renewable resources and waste recycling

Di Vita, Giuseppe - 2002

In this paper we consider an endogenous growth model in which, among other inputs, we consider a renewable resource and secondary materials. Using this analytical framework we explain the effects of waste recycling on the growth rate of the economy, that we take into account. The effects of...

Persistent link: https://www.econbiz.de/10011596205

Local communities in front of big external investors : an opportunity or a risk?

Antoci, Angelo; Russu, Paolo; Ticci, Elisa - 2010

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/10008746858

Neoclassical growth, environment and technological change: the environmental Kuznets curve

Rubio, Santiago J.; García, J. R.; Hueso, J. L. - 2009 - Fourth version: May 2009

environmental quality until the moment that pollution is great enough to make profitable the investment in R&D. After this turning …

Persistent link: https://www.econbiz.de/10008840029

Tax reform and public spending trade-offs in an endogenous growth model with environmental externality

Jouvet, Pierre-André; Oueslati, Walid - 2002

Persistent link: https://www.econbiz.de/10011598233

Structural change, environment and well-being : interactions between production and consumption choices of the rich and the poor in developing countries

Antoci, Angelo; Russu, Paolo; Ticci, Elisa - 2008

Vulnerability to scarcity or to reduction of natural capital depends on defensive substitution possibilities that, in turn, are affected by the availability of other productive factors. However, in several developing countries asset distribution tends to be highly skewed. Taking into ac- count...

Persistent link: https://www.econbiz.de/10008700108

Natural resources, economic growth and geography

González-Val, Rafael; Pueyo, Fernando - 2018

In this paper we discuss the relationship between economic growth and natural resources at a global level, taking into account geography. With this aim, our model integrates elements of the theories of endogenous growth, natural resources and new economic geography. We find that an increase in...

Persistent link: https://www.econbiz.de/10011873113

Total factor productivity growth when factors of production generate environmental externalities

Xepapadeas, Anastasios; Vouvaki, Dimitra - 2009

Total factor productivity growth (TFPG) has been traditionally associated with technological change. We show that when a factor of production, such as energy, generates an environmental externality in the form of CO2 emissions which is not internalized because of lack of environmental policy,...

Persistent link: https://www.econbiz.de/10008810294

Environmental enforcement with endogenous ambient monitoring

Franckx, Laurent - 2002

monitoring ambient pollution is low enough, the optimal inspection policy consists in imposing the maximal possible fine, and … mixing between observing ambient pollution and not conducting any inspection at all. However, with stringent upper limits on … the fine, the agency mixes between observing ambient pollution and inspecting all firms. The observation of ambient …

Persistent link: https://www.econbiz.de/10011597940

Structural change and environmental Kuznets curves

Horbach, Jens - 2002

The Environmental Kuznets Curve hypothesis (EKC) postulates an inverted u-shaped curve between important pollutants and per capita GDP analogous to the relationship between in-come inequality and income per capita which has been analysed by Kuznets in 1955. The arti-cle focuses on an empirical...

Persistent link: https://www.econbiz.de/10011598222

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