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.

MoreLess

Year of publication:	2006-02
Authors:	Bella, Giovanni
Institutions:	Fondazione ENI Enrico Mattei (FEEM)
Subject:	Environmental quality \| Endogenous economic growth \| Pollution-augmenting technology

freely available

Full text |

More access options

Check Google Scholar

In German libraries (KVK)

I need help

More details

Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2006.28
Classification:	O41 - One, Two, and Multisector Growth Models ; Q01 - Sustainable Development ; Q32 - Exhaustible Resources and Economic Development
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005385338