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This paper considers how environmental problems affect economic growth. In order to explain the relationship between the economy and the environment, we impose the law of mass conservation and its corollary, the mass balance principle, and consider pollution from both production and consumption...
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This paper explores the causes of India's productivity surge around 1980, more than a decade before serious economic reforms were initiated. Trade liberalization, expansionary demand, a favorable external environment, and improved agricultural performance did not play a role. We find evidence...
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This study constructs an endogenous growth model that incorporates the R&D sector, the education sector, and environmental problems. First, environmental impacts are considered. We show that, if government exercises appropriate policies and some parameter restrictions are satisfied, then the...
Persistent link: https://www.econbiz.de/10005225848
This study constructs an endogenous growth model that incorporates the R&D sector, the education sector, and environmental problems. First, environmental impacts are considered. We show that, if government exercises appropriate policies and some parameter restrictions are satisfied, then the...
Persistent link: https://www.econbiz.de/10008461240
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