Baumgärtner, Stefan; Jöst, Frank; Winkler, Ralph - In: Ecological economics : the transdisciplinary journal of … 68 (2009) 4, pp. 1226-1238
We analyze the optimal dynamic scale and structure of a two-sector-economy, where each sector produces one consumption good and one specific pollutant. Both pollutants accumulate at different rates to stocks which damage the natural environment. This acts as a dynamic driving force for the...