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subsequently extend the baseline model by adding climate-induced fluctuations around the growth trend and stock-pollution effects …
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baseline model by adding climate-induced fluctuations around the growth trend and stock-pollution effects, demonstrating …
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resources which cause greenhouse gas emissions; pollution stock harms capital and reduces economic growth. We find a big effect … robustness of the results by adding pollution decay and lowering the elasticity of intertemporal substitution which does not …
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Debate about the relationship between environmental limits and economic growth has been taking place for several decades. These arguments have re-emerged with greater intensity following advances in the understanding of the economics of climate change, increases in resource and oil prices and...
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