We analyze the effects of socially responsible investment and public abatement on environmental quality and the economy in a continuous-time dynamic growth model featuring optimizing households and firms. Environmental quality is modelled as a renewable resource. Consumers can invest in...

An endogenous growth model, which links pollution to ineffective input-use, is developed to examine the potential for achieving balanced growth while preserving the environment through investment in conservation capital. We derive conditions under which individual preferences for environmental...

The article analyzes the impact of public environmental protection expenditure on economic growth. Estimating the strength of this relationship is of particular importance in the context of the recent global economic crisis. The paper is organized as follows. Firstly, theoretical model showing...

The key question addressed in this paper is: Does preservation of environmental quality inevitably conflict with economic growth? Concern for environmental protection in the dynamic context in the endogenous growth and environment literature has manifested itself almost exclusively in models...