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Environmental pollution is introduced both as a joint product and as a source of disutility in growth models. The … have sustained growth in the long run without accumulation of pollution; what is the impact of environmental concerns on …, consumption or environmental pollution affected if we take into account the environment; what type of deviations do we observe …
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We examine whether the use of the environment, proxied by CO2 emissions, as a factor of production contributes, in addition to conventional factors of production to output growth, and thus it should be accounted for in total factor productivity growth (TFPG) measurement and deducted from the...
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Taking as given that we are consuming too much and that overconsumption leads to environmental degradation, the present paper examines the regulator's choices between informative advertisement and consumption taxation. We model overconsumption by considering individuals that care about social...
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