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
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 28.2006

Classification
Wirtschaft
One, Two, and Multisector Growth Models
Sustainable Development
Exhaustible Resources and Economic Development
Subject
Environmental quality
Endogenous economic growth
Pollution-augmenting technology

Event
Geistige Schöpfung
(who)
Bella, Giovanni
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2006

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

This object is provided by:
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

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