The authors consider a symmetric model composed of two countries and a firm in each country. Firms produce the same good by means of a polluting technology which uses fossil energy. However, these firms can adopt clean technology which uses renewable energy, having lower costs. Interestingly,...

The authors consider a symmetric model composed of two countries and a firm in each country. Firms produce the same good by means of a polluting technology which uses fossil energy. However, these firms can adopt a clean technology which uses a renewable energy having a lower unit cost....

The purpose of this paper is to examine dynamic interdependence between wealth accumulation, capital accumulation, economic structure, domestic and global division of labor, international trade and environmental change with transboundary pollution. It analyzes not only inequalities in income,...