Pollution in a globalized world: Are debt transfers among countries a solution?

نویسندگان

چکیده

We analyze the effects of a debt relief, that is, decrease in public low-income country financed by high-income country, on environmental quality. Under perfect mobility assets, relief increases overall capital stock, and quality when abatements are sufficiently efficient. Welfare both countries can also improve. weak does no more increase richest but This comes from crowding-out effect which take place assets is significant.

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ژورنال

عنوان ژورنال: International Journal of Economic Theory

سال: 2022

ISSN: ['1742-7363', '1742-7355']

DOI: https://doi.org/10.1111/ijet.12333