Environmental Pollution and Sustainable Economic Growth
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. It examines the conditions under which sustainable growth is both feasible and optimal. We also perform some comparative static exercises to analyze the effects of parameter variations arising from the economic environment on the steady-state growth rate.
版权说明：以下全部内容由赖明勇上传于 2005年04月25日 21时55分54秒，版权归本人所有。