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Information technology (IT) is an example of a general purpose technology that has the potential to play an important role in economic growth, as well as other dimensions of economic and social development. This paper reviews several interrelated aspects of the role of information technology in...
Persistent link: https://www.econbiz.de/10010344931
Does GDP composition affect GDP growth and volatility? Typically, economies at advanced stages of development grow slower, are less volatile and have a larger share of services in GDP with respect to economies at middle stages. I propose a theory of development consistent with these three facts....
Persistent link: https://www.econbiz.de/10013141336
The point of departure for the study of the impact of energy and environmental policies is the neoclassical theory of economic growth formulated by Cass (1965) and Koopmans (1967). The long-run properties of economic growth models are independent of energy and environmental policies. However,...
Persistent link: https://www.econbiz.de/10014025283
This paper provides a cross-country review of progress towards green growth in selected emerging market economies that are members or partners of the OECD. It draws on the country studies conducted within the OECD Environmental Performance Review Programme for Brazil, Chile, Colombia, Indonesia,...
Persistent link: https://www.econbiz.de/10012012380
The purpose of this article is twofold: First to discuss three misconceptions in the debate on climate policies: i) that de-growth is necessary, ii) that the market economy is part of the problem rather than part of the solution to climate change, and iii) that the only policy tool needed is to...
Persistent link: https://www.econbiz.de/10012166055
The success of the Montreal Protocol in comparison to the stagnation seen in negotiations surrounding the Kyoto Protocol highlights the importance of a supportive industry group, pre-existing legislation and commitment by a lead nation, affordable and available substitutes, as well as acceptance...
Persistent link: https://www.econbiz.de/10013047920
This paper provides an empirical analysis of the impact of energy price increases – induced notably by the removal of fossil fuel subsidies – on the joint environmental and economic performance of Indonesian plants in the manufacturing industry for the period 1980-2015. The paper shows that...
Persistent link: https://www.econbiz.de/10012630198
pollution as income continues to grow. We propose a dynamic structural model to capture the interaction between economic growth …, human capital accumulation, environmental pollution, and abatement. We demonstrate that if pollution has a negative … dirty economy, such as pollution taxes or human capital subsidies, would help alleviate but cannot eradicate the stagnation …
Persistent link: https://www.econbiz.de/10013216271
income and pollution have generally assumed a common structure for all countries. Since this latter feature is not supported …
Persistent link: https://www.econbiz.de/10012750305
Most nations are predominately preoccupied with the need to increase economic growth amidst pressure for increased energy consumption. However, higher energy consumption from fossil fuel has its environmental implication(s) especially in a high industrial economy like China. In this context, the...
Persistent link: https://www.econbiz.de/10012831626