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期刊论文
Environmental Pollution, Sustainable Growth and Optimal Economic Policies
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Potential conflicts between economic growth and environmental degradation are central to the sustainable development debate. In a Schumpeterian model of endogenous growth with vertical innovations, we introduce non-renewable resources which cause flow pollution problems. First, we examine the conditions under which sustainable growth is both feasible and optimal; more specifically, we perform some comparative statics exercises to analyze the effects of parameter variations arising from the economic environment on the steady-state growth rate. Then, we study the equilibria in a decentralized economy compatible with our model, and we derive the precise levels of economic policy instruments that allow the implementation of the optimum.
【免责声明】以下全部内容由[赖明勇]上传于[2005年04月25日 21时53分47秒],版权归原创者所有。本文仅代表作者本人观点,与本网站无关。本网站对文中陈述、观点判断保持中立,不对所包含内容的准确性、可靠性或完整性提供任何明示或暗示的保证。请读者仅作参考,并请自行承担全部责任。
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