Eriksson, Clas
- Institutionen för ekonomi, Sveriges lantbruksuniversitet
Forskningsartikel2005Vetenskapligt granskad
Eriksson C, Zehaie F
We analyze a growth model where the damage of pollution depends on population density and the character of pollution. From the steady state rates of change, in the social optimum, of a neoclassical and a semi-endogenous growth model respectively, we conclude that the less responsive the damage of pollution is to population density, the more likely is a development path with positive growth in consumption per capita and declining perceived pollution per capita. Non-awareness of the character of pollution may thus give suboptimal solutions. In particular, the commonly held view that pollution is a pure public bad may lead to growth-rate targets that are lower than optimal. Finally, we find that the character of pollution does not influence the transitional dynamics qualitatively
Environmental and Resource Economics
2005, volym: 30, nummer: 4, sidor: 465-484
Utgivare: SPRINGER
Samhällsvetenskap
Ekonomi och näringsliv
https://res.slu.se/id/publ/7662