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This paper explores the trade-off between economic growth and environmental quality along two paradigms of endogenous growth theory: variety expansion (HIP) and quality improvements (VIP). We compare the policies that match the decentralised economies' paths with the optimal "strong sustainable"...
Persistent link: https://www.econbiz.de/10011608498
In this paper we present an endogenous growth model with productive public capital and pollution. As to pollution we …
Persistent link: https://www.econbiz.de/10014075889
accumulation and the sectoral structure of the economy as key elements to cope with resource scarcity and pollution. Model …
Persistent link: https://www.econbiz.de/10012981598
In the current age of trade and financial openness, local economies in developing countries are becoming increasingly exposed to external investments. The objective of the proposed two-sector model with environmental externalities is to provide an insight into the interaction between external...
Persistent link: https://www.econbiz.de/10008746858
Production often causes pollution as a by-product. Once pollution problems become too severe, regulation is introduced … and decline of pollution can be explained by policyinduced technology shifts. …
Persistent link: https://www.econbiz.de/10010484504
Production often causes pollution as a by-product. Once environmental degradation becomes too severe, regulation is …-improvements. The model gives an explanation for the inverted U-shaped pollution-income relation found in empirical research for many …
Persistent link: https://www.econbiz.de/10003082488
Production often causes pollution as a by-product. Once pollution problems become too severe, regulation is introduced … claim that the rise and decline of pollution can be explained by policy-induced technology shifts …
Persistent link: https://www.econbiz.de/10001529026
Persistent link: https://www.econbiz.de/10011620550
Production often causes pollution as a by-product. Once environmental degradation becomes too severe, regulation is …-improvements. The model gives an explanation for the inverted U-shaped pollution-income relation found in empirical research for many … pollution can be explained by policy-induced technology shifts and intrasectoral changes …
Persistent link: https://www.econbiz.de/10014059448
Persistent link: https://www.econbiz.de/10003245390