Optimal Growth when Environmental Quality is a Research Asset

If environmental quality positively affects the productivity of labor in R&D and pollution is caused by the use of a non-renewable resource, it is socially optimal to postpone extraction and to intertemporally adjust R&D effort.

MoreLess

Year of publication:	2009-12
Authors:	Groth, Christian ; Ricci, Francesco
Institutions:	Economic Policy Research Unit (EPRU), Økonomisk Institut
Subject:	endogenous growth \| non-renewable resources \| environmental quality

More details

Extent:	application/pdf
Series:	EPRU Working Paper Series.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2009-11 8 pages
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10008497582