Please use this identifier to cite or link to this item:
http://hdl.handle.net/2381/9246
Title: | Pollution Abatement as a Source of Stabilisation and Long-Run Growth |
Authors: | Varvarigos, Dimitrios Palivos, Theodore |
First Published: | Oct-2010 |
Publisher: | Dept. of Economics, University of Leicester |
Abstract: | In a two-period overlapping generations model with production, we consider the damaging impact of environmental degradation on health and, consequently, life expectancy. The government’s involvement on policies of environmental preservation proves crucial for both the economy’s short-term dynamics and its long-term prospects. Particularly, an active policy of pollution abatement emerges as an important engine of long-run economic growth. Furthermore, by eliminating the occurrence of limit cycles, pollution abatement is also a powerful source of stabilisation. |
Series/Report no.: | Papers in Economics;11/04 |
Links: | http://www.le.ac.uk/ec/research/discussion/Papers2011.html http://hdl.handle.net/2381/9246 |
Type: | Report |
Appears in Collections: | Reports, Dept. of Economics |
Files in This Item:
File | Description | Size | Format | |
---|---|---|---|---|
dp11-04.pdf | 380.15 kB | Adobe PDF | View/Open |
Items in LRA are protected by copyright, with all rights reserved, unless otherwise indicated.