This article uses a vintage capital theoretical framework to investigate how technological innovations and remanufacturing can affect national and green accounting differently, and how green (Pigouvian) taxes can promote remanufacturing and improve social welfare, in agreement with circular...

At the end of the 20th century economists and policymakers face an unprecedented dual challenge: to avert ecological disaster and to end mass unemployment by accelerating and redirecting world economic growth. This major volume brings together contributions from environmental and technological...

This paper analyzes overlapping-generations models where natural capital is owned by selfish agents. Transfers in favor of young agents reduce the rate of depletion and increase output growth. It is shown that intergenerational transfers may be preferred to laissez-faire by an indefinite...