Economic Growth and Environmental Policy: A Theoretical Approach

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Edward Elgar, Jan 1, 2000 - Political Science - 262 pages
'An excellent volume for those specialising in environmental economics, especially those focusing upon the relationship between economic growth and environmental policy.' - Aslib Book Guide the use of dynamic models to address the problem of environmental degradation is central to environmental policy because decisions taken now affect not only the current generation but have a profound impact on the future. In this innovative book, Frank Hettich uses dynamic modelling to study the interactions between economic growth, environmental policy and tax reform. He incorporates pollution and abatement technologies into different endogenous growth models that take into account consumer preferences and physical and human capital accumulation. He focuses on the effects of environmental policy in closed and open economies in the short, medium and long term.

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Survey of Literature and General Model Setup
Environmental Policy in the Linear Growth Model

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