Arbeitspapier

Climate protection versus convergence?

Global economic convergence and protection of the climate are both worthwhile goals. Yet, there is an inherent tension between them. Greenhouse gases are a waste product that is often emitted in the production process. Limiting such emissions therefore hampers the accumulation of income and capital. I expand Solow's growth model to accommodate green house gases, and use this to estimate the contribution of such emissions to economic development. The sobering insight is that we would not have witnessed any convergence in the last 45 years if poorer countries had not increased greenhouse gas emissions.

Sprache
Englisch

Erschienen in
Series: WWZ Working Paper ; No. 2021/12

Klassifikation
Wirtschaft
Environment and Growth
Thema
climate change
convergence
growth theory
growth accounting
green housegases
GHG
carbon emissions
pollution
poverty
natural resources

Ereignis
Geistige Schöpfung
(wer)
Lengwiler, Yvan
Ereignis
Veröffentlichung
(wer)
University of Basel, Center of Business and Economics (WWZ)
(wo)
Basel
(wann)
2021

DOI
doi:10.5451/unibas-ep85420
Handle
Letzte Aktualisierung
20.09.2024, 08:21 MESZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Lengwiler, Yvan
  • University of Basel, Center of Business and Economics (WWZ)

Entstanden

  • 2021

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