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and strictly concave with respect to consumption and decreasing linearly with respect to the pollution stock. In this … applying the old and “dirty” technology. In a two-player (say, two neighbor countries) dynamic game where the pollution results …
Persistent link: https://www.econbiz.de/10005051763
This article examines pollution and environmental mortality in an economy where fertility is endogenous and output is … pollution-induced mortality but also shifts resources to the clean sector. If the dirty sector is more capital intensive, then … expansion of population boosts total pollution, aggravating mortality. …
Persistent link: https://www.econbiz.de/10011596093
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
This paper examines an equilibrium growth model in which production activities generate environmental pollution that … consumption, which is internal to each household, and of total pollution, which is an external factor to the individual agents. It …, depending on the properties of the discount rate function, the pollution-capital relationship in production technology, and the …
Persistent link: https://www.econbiz.de/10014208888
pollution abatement emerges as an important engine of long-run economic growth. Furthermore, by eliminating the occurrence of … limit cycles, pollution abatement is also a powerful source of stabilisation. -- Growth ; Cycles ; Environmental quality … ; Pollution abatement …
Persistent link: https://www.econbiz.de/10008663923
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
pollution. It analyzes not only inequalities in income, wealth and economic structures between (any number of) countries, but …
Persistent link: https://www.econbiz.de/10010470656
We incorporate health-damaging pollution into a three period overlapping generations model in which life expectancy …
Persistent link: https://www.econbiz.de/10009319984
resources which cause greenhouse gas emissions; pollution stock harms capital and reduces economic growth. We find a big effect … robustness of the results by adding pollution decay and lowering the elasticity of intertemporal substitution which does not …
Persistent link: https://www.econbiz.de/10012946363