This chapter develops and examines a model of the relationship between consumption and environmental degradation, using per capita gross domestic product (GDP) as the proxy for consumer behavior and per capita carbon dioxide emissions as the indicator of pollution. The time paths of emissions...

This paper develops and examines a model of the relationship between consumption and environmental degradation, using the per-capita Gross Domestic Product as the proxy for consumer behaviour and per-capita carbon dioxide emissions as the indicator of pollution. The time path of emissions and...