Endogenous growth and environmental policy

C.A.A.M. Withagen, N. Vellinga

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5 Citaten (Scopus)

Samenvatting

This paper examines the relationship between environmental policy and growth, from the perspective of endogenous growth theory. In particular three standard endogenous growth models are supplemented with environmental issues, such as pollution and exhaustibility of natural resources. It is found that these new elements may affect the long run growth rates, but this is not a universal outcome. One consequence for economic policy is that optimal taxation to realize a social optimum should take account of environmental issues.
Originele taal-2Engels
Pagina's (van-tot)92-109
TijdschriftGrowth and Change
Volume32
Nummer van het tijdschrift1
DOI's
StatusGepubliceerd - 2001

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