Economic Growth and Environmental Policy: A Theoretical Approach

Front Cover
Edward Elgar Publishing, Jan 1, 2000 - Political Science - 262 pages
Focusing on the effects of environmental policy in closed and open economies in the short, medium and long term, this book uses dynamic modelling to study the interactions between economic growth, environmental policy and tax reform.
 

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Contents

Introduction
1
12 Structure of the Study
5
Survey of Literature and General Model Setup
9
21 Modeling the Environment
10
22 Environmental Policy in Models of Exogenous Growth
16
23 Environmental Policy in Models of Endogenous Growth
19
24 Transitional Dynamics
33
Environmental Policy in the Linear Growth Model
41
53 Results Along a Balanced Growth Path
161
54 Final Output as the Polluting Factor
173
55 Summary of the Results
174
Environmental Policy in the Generalized UzawaLucas Model
179
62 The Analytical Framework
181
63 Results Along a Balanced Growth Path
187
64 Physical Capital as the Polluting Factor
198
65 Summary of the Results
201

32 The Basic Linear Model
42
33 The Linear Model with Pollution
53
34 The Linear Model with Pollution and Abatement
62
35 The Open Economy
78
36 Summary of the Results
91
Environmental Policy in the UzawaLucas Model
95
42 The Closed Economy
99
43 The Simulation of the Transition Path
114
44 The Open Economy
133
45 Summary of the Results
144
Environmental Policy in the UzawaLucas Model with Leisure
151
52 The Analytical Framework
154
Summary and Outlook
207
71 Results of the Study
208
72 Research Agenda
215
73 Policy Recommendations
217
Technical Appendix
223
A 2 The UzawaLucas Model
224
A3 The UzawaLucas Model with Leisure
227
A4 The Generalized UzawaLucas Model
232
Bibliography
235
Index
255
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