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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 study economic growth and pollution control in a model with endogenous rate and direction of technical change …. Economic growth (growth of real GDP) results from growth in the quantity and productivity of polluting intermediates. Pollution … can be controlled by reducing the pollution intensity of a given quantity through costly research (green innovation) and …
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environmental quality until the moment that pollution is great enough to make profitable the investment in R&D. After this turning …
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environmental quality until the moment that pollution is great enough to make profitable the investment in R&D. After this turning …
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Within the field of environmental economics, the role of technological change has received much attention. The long-term nature of many environmental problems, such as climate change, makes understanding the evolution of technology an important part of projecting future impacts. Moreover, in...
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