Sánchez, Rafaela Mª Pérez; Andújar, Jesús Ruiz - Facultad de Ciencias Económicas y Empresariales, … - 2004
We study the dynamic properties of an endogenous growth model with pollution in which the government can control the pollution through distorting taxes on the pollutant firms and through public abatement activities. First, we characterize the conditions for indeterminacy of equilibria when the...