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In the chapter 4 of their book "Endogenous Growth Theory", P. Aghion and P. Howitt introduce environemental pollution in an aggregate Schumpeterian model and they characterize the optimal path. In this paper , we study the equilibria in a decentralized compatible with their model. First study...
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Certains auteurs, tels P. Schou ou P. Aghion et P. Howitt, ont caracterise les sentiers optimaux de croissance dans un modele schumpeterien en presence d'une ressource non renouvelable. Le premier objectif de cet article est de montrer comment ces sentiers peuvent etre implementes dans une...
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Certains auteurs, tels P. Schou ou P. Aghion et P. Howitt, ont caracterise les sentiers optimaux de croissance dans un modele schumpeterien en presence d'une ressource non renouvelable. Le premier objectif de cet article est de montrer comment ces sentiers peuvent etre implementes dans une...
Persistent link: https://www.econbiz.de/10005780447
Dans leur ouvrage "Endogenous Growth Theory", P. Aghion et P. Howitt caracterisent les trajectoires optimales dans un modele schumpeterien ou ils introduisent explicitement des emissions de pollution qui deteriorent l'environnement. L'objectif du present article est de chercher comment ces...
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We analyze the impact of the pollution generated by the use of non-renewable resources on the standard results of growth models. In this context, we obtain a Hotelling rule which is not a pure efficiency condition any longer. Subsequently, we show that some of the optimal paths’ standard...
Persistent link: https://www.econbiz.de/10011141594