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A Knife-Edge Property of Some Pollution-and-Growth Models
SLU, Uppsala. (Industriell ekonomi och organisation)ORCID iD: 0000-0001-7072-3640
2008 (English)Conference paper (Refereed)
Abstract [en]

In some recent economic growth models there can be decreasing pollution along with increasing per capita income, if the rate of improvement in the environmenta ltechnology is sufficiently high. A central function describes how gross pollution and environmental technology interact to determine net pollution, which in the previous works has a log-linear form. This letter provides an example in which this function is generalized to a CES type. The result is that the environmental technology factor in the long run may be either implausibly potent or almost ineffective in transforming a high gross pollution to a low net pollution if the function deviates from the log-linearcase.

Place, publisher, year, edition, pages
Keyword [en]
Pollution and growth, Directed technological change
National Category
Research subject
Industrial Economics and Organisations
URN: urn:nbn:se:mdh:diva-23138OAI: diva2:674249
Monte Verità Conference on Sustainable Resource Use and Economic Dynamics - SURED 2008, Ascona, Switzerland June 2-5, 2008
Available from: 2013-12-03 Created: 2013-12-03 Last updated: 2014-02-07Bibliographically approved

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A Knife-Edge Property of Some Pollution-and-Growth Models

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ReferencesLink to record
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