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If environmental quality positively affects the productivity of labor in R&D and pollution is caused by the use of a non-renewable resource, it is socially optimal to postpone extraction and to intertemporally adjust R&D effort.
Persistent link: https://www.econbiz.de/10008497582
We advance an original assumption whereby a good state of the environment positively affects labor productivity in R&D such that deteriorating environmental quality negatively impacts R&D. We study the implications of this assumption for the optimal solution in an R&D-based model of growth,...
Persistent link: https://www.econbiz.de/10009292714
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If environmental quality positively affects the productivity of labor in R&D and pollution is caused by the use of a non-renewable resource, it is socially optimal to postpone extraction and to intertemporally adjust R&D effort.
Persistent link: https://www.econbiz.de/10010320983
Persistent link: https://www.econbiz.de/10009289849
Persistent link: https://www.econbiz.de/10009309003
If environmental quality positively affects the productivity of labor in R&D and pollution is caused by the use of a non-renewable resource, it is socially optimal to postpone extraction and to intertemporally adjust R&D effort. -- Endogenous growth ; Non-renewable resources ; Environmental quality
Persistent link: https://www.econbiz.de/10003914376
Persistent link: https://www.econbiz.de/10009578523
We argue that education exerts positive external effects on health, beyond the standard internal effects documented in the literature. We put forward a model that clarifies the links between education and longevity in the presence of such an externality. We then implement an innovative approach...
Persistent link: https://www.econbiz.de/10008465278
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