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.
- Language
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Englisch
- Bibliographic citation
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Series: Nota di Lavoro ; No. 28.2006
- Classification
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Wirtschaft
One, Two, and Multisector Growth Models
Sustainable Development
Exhaustible Resources and Economic Development
- Subject
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Environmental quality
Endogenous economic growth
Pollution-augmenting technology
- Event
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Geistige Schöpfung
- (who)
-
Bella, Giovanni
- Event
-
Veröffentlichung
- (who)
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Fondazione Eni Enrico Mattei (FEEM)
- (where)
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Milano
- (when)
-
2006
- Handle
- Last update
-
10.03.2025, 11:41 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Bella, Giovanni
- Fondazione Eni Enrico Mattei (FEEM)
Time of origin
- 2006