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In this paper we present and analyze a stylized model of endogenous growth with international technology spillover effects from the North to the South. The model allows for endogenous structural change and environmental degradation that reduces world output. We find that within this framework...
Persistent link: https://www.econbiz.de/10013051262
environmental quality until the moment that pollution is great enough to make profitable the investment in R&D. After this turning …
Persistent link: https://www.econbiz.de/10008840029
links the pollution intensity of economic activity to technological progress. In a second step, it investigates the effect … of pollution on economic growth under the assumption that pollution intensities are related to technological progress …. Several conclusions emerge from the model. In equilibrium, the economy follows a balanced growth path. The effect of pollution …
Persistent link: https://www.econbiz.de/10008652548
environmental quality until the moment that pollution is great enough to make profitable the investment in R&D. After this turning …
Persistent link: https://www.econbiz.de/10014199264
This paper introduces heterogeneity of cross-technologies interactions into the double-differentiated R&D-based endogenous growth model. In this model new technologies appear continuously and older are outdated generating structural change. All technologies may interact with each other through...
Persistent link: https://www.econbiz.de/10011790678
Population growth has two potentially counteracting effects on pollution emissions:(i) more people implies more … environmental sustainability requires pollution taxes and/or population control policies …
Persistent link: https://www.econbiz.de/10012859107
environmental policy also affects the direction of technical change. In contrast to previous models, production and pollution … abatement technologies are embodied in separate intermediate good types. A set of stylized facts related to pollution emission …, environmental policy, and pollution abatement expenditures is presented, and it is shown that the developed model is consistent with …
Persistent link: https://www.econbiz.de/10012988968
Computable general equilibrium models simulate the reaction of industries on carbon taxes. Their results differ strongly on the assumption of the underlying technologies. This paper compares two models and emphasizes the differences between their approaches to technology. The first model is the...
Persistent link: https://www.econbiz.de/10008748190
Computable general equilibrium models simulate the reaction of industries on carbon taxes. Their results differ strongly on the assumption of the underlying technologies. This paper compares two models and emphasizes the differences between their approaches to technology. The first model is the...
Persistent link: https://www.econbiz.de/10013138809
We analyze the impact of carbon prices on human capital accumulation, sectoral change, and economic growth. In our framework output is produced with dirty and/or clean technologies using skilled and unskilled labor as inputs. Carbon policy affects technology selection which transmits incentives...
Persistent link: https://www.econbiz.de/10012929038