Stochastic Pollution and Environmental Care in an Endogenous Growth Model
نویسندگان
چکیده
منابع مشابه
Stochastic Pollution and Environmental Care in an Endogenous Growth Model
The impact of pollution and abatement policy within a stochastic endogenous growth model is analyzed. Environmental care is provided by the government and financed through income taxation and government bonds. Due to environmental preferences and partial perception of the individual’s impact on pollution, government debt influences equilibrium growth. Hence, there is an additional growth effect...
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ژورنال
عنوان ژورنال: The Manchester School
سال: 2003
ISSN: 1463-6786,1467-9957
DOI: 10.1111/1467-9957.00355