Economic Dynamics with Renewable Resources and Pollution

This article considers a two-sector economy with externalities. In particular,the analysis involves an industrial sector whose production activities have negative effects on the regeneration of a natural resource in the other sector. Without the usual convexity or the super-modularity structure, we prove that the economy evolves to increase the \textit{net gain of stock}, and establish the conditions ensuring the convergence of the economy in the long run.

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Year of publication:	2019-08-21
Authors:	Dam, My ; Ha-Huy, Thai ; Le Van, Cuong ; Nguyen, Thi Tuyet Mai

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Type of publication:	Book / Working Paper
Language:	English
Notes:	Dam, My and Ha-Huy, Thai and Le Van, Cuong and Nguyen, Thi Tuyet Mai (2019): Economic Dynamics with Renewable Resources and Pollution.
Classification:	C0 - Mathematical and Quantitative Methods. General ; C02 - Mathematical Methods ; Q2 - Renewable Resources and Conservation; Environmental Management
Source:	BASE

Persistent link: https://www.econbiz.de/10015265469