Arbeitspapier
Uniqueness and Indeterminacy of Equilibria in a Model with Polluting Emissions
Is pollution a dirty word? To answer this question we develop an endogenous growth model à la Rebelo (1991) where dirtiness becomes a fundamental choice variable for the economy to grow. Conclusions to our analysis say that a positive sustainable economic growth is attainable only if polluting production activities are taken into account. Moreover, transitional dynamics points out that local stability and uniqueness of equilibria are also achieved.
- Sprache
-
Englisch
- Erschienen in
-
Series: Nota di Lavoro ; No. 28.2006
- Klassifikation
-
Wirtschaft
One, Two, and Multisector Growth Models
Sustainable Development
Exhaustible Resources and Economic Development
- Thema
-
Environmental quality
Endogenous economic growth
Pollution-augmenting technology
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bella, Giovanni
- Ereignis
-
Veröffentlichung
- (wer)
-
Fondazione Eni Enrico Mattei (FEEM)
- (wo)
-
Milano
- (wann)
-
2006
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:41 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bella, Giovanni
- Fondazione Eni Enrico Mattei (FEEM)
Entstanden
- 2006