Sustainable development with extractive and non-extractive use of the environment in production

This paper considers an economy in which the environment plays a role both in welfare and production. An endogenous growth model, which allows for abatement activities, is formulated in order to study the impact of pollution on welfare and long-term growth. Conditions for optimal and balanced economic growth are discussed and a numerical example is given to provide some insight in the mechanisms at work in the model. Copyright Kluwer Academic Publishers 1995

MoreLess

Year of publication:	1995
Authors:	Butter, F. ; Hofkes, M.
Published in:	Environmental & Resource Economics. - European Association of Environmental and Resource Economists, ISSN 0924-6460. - Vol. 6.1995, 4, p. 341-358
Publisher:	European Association of Environmental and Resource Economists
Subject:	endogenous growth \| sustainable development \| environmental quality

More details

Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005719858