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In this paper we analyze the importance of recycling in the strive for sustainable development. In contrast to former approaches we emphasize the role of the waste stock as a source of valuable inputs. We enhance a Romer (1990) type endogenous growth model by a material balance condition that...
Persistent link: https://www.econbiz.de/10011795005
In this paper we analyze the importance of recycling in the strive for sustainable development. In contrast to former approaches we emphasize the role of the waste stock as a source of valuable inputs. We enhance a Romer (1990) type endogenous growth model by a material balance condition that...
Persistent link: https://www.econbiz.de/10002633992
Do reductions in capital income taxes attract foreign capital and, at the same time, foster economic growth? This paper …-country overlapping generations model with endogenous growth and internationally mobile capital. It shows that domestic capital taxes … necessarily the same. A country can increase its share of the existing world capital by changing its taxes but, depending on the …
Persistent link: https://www.econbiz.de/10012783173
Do reductions in capital income taxes attract foreign capital and, at the same time, foster economic growth? This paper …-country overlapping generations model with endogenous growth and internationally mobile capital. It shows that domestic capital taxes … necessarily the same. A country can increase its share of the existing world capital by changing its taxes but, depending on the …
Persistent link: https://www.econbiz.de/10014070094
Persistent link: https://www.econbiz.de/10002492006
Persistent link: https://www.econbiz.de/10001752634
In this paper, we attempt to derive and test the role of energy prices on economic growth. We first developed a two-sector endogenous growth model, based on Rebelo (1991). We modified the model such that consumption goods sector uses energy as an input along with capital. The model allows us to...
Persistent link: https://www.econbiz.de/10009741377
The paper provides an introduction to energy, respective resource, use within the framework of endogenous growth models. We provide an overview of different modeling approaches as well as intuition with respect to the results obtained. We consider the source problem, i.e., the supply of energy,...
Persistent link: https://www.econbiz.de/10013069538
In this paper the impacts of income and consumption taxes are analyzed within a model of stochastic endogenous growth …
Persistent link: https://www.econbiz.de/10011526036
Despite its role as the centerpiece of modern growth theory, the Solow model is decidedly silent on some of its basic questions: Why is average growth in per capita income so much higher now than it was 200 years ago? Why is per capita income so much higher in the member countries of the OECD...
Persistent link: https://www.econbiz.de/10014023786