This paper analyzes stochastic productive pollution within a model of endogenous growth. The extent to which the agents … perceive their individual influence on aggregate pollution is parameterized. Recursive preferences allow for the separation … stochastic pollution tax, which is uncorrelated with the technological uncertainty of pollution, is compared with a pure …

This paper analyzes the impact of pollution and abatement policy within a stochastic endogenous growth model. The …

growth theory: variety expansion (HIP) and quality improvements (VIP). We compare the policies that match the decentralised …

Environmental policy affects the distribution of market shares if intermediate goods are differentiated in pollution …

links the pollution intensity of economic activity to technological progress. In a second step, it investigates the effect … of pollution on economic growth under the assumption that pollution intensities are related to technological progress …. Several conclusions emerge from the model. In equilibrium, the economy follows a balanced growth path. The effect of pollution …

If environmental quality positively affects the productivity of labor in R&D and pollution is caused by the use of a …

in an a-spatial context. Traditional neoclassical growth theory following Solow/Swan has mainly addressed questions about …