, the replacement of the traditional approach based on control of pollution by the other of pollution prevention, along with …

We study the dynamic properties of an endogenous growth model with pollution in which the government can control the … pollution through distorting taxes on the pollutant firms and through public abatement activities. First, we characterize the … found (one with a low level of pollution and the other with a high level) both of which can be locally indeterminate …