Eriksson, Clas; Zehaie, Ficre - In: Environmental & Resource Economics 30 (2005) 4, pp. 465-484
We analyze a growth model where the damage of pollution depends on population density and the character of pollution. From the steady state rates of change, in the social optimum, of a neoclassical and a semi-endogenous growth model respectively, we conclude that the less responsive the damage...