Environmental tax policy, habit formation and nonlinear dynamics (Q611235)
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scientific article; zbMATH DE number 5826290
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| English | Environmental tax policy, habit formation and nonlinear dynamics |
scientific article; zbMATH DE number 5826290 |
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Environmental tax policy, habit formation and nonlinear dynamics (English)
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14 December 2010
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The authors develop an environment-growth model under environmental tax policy on the dynamic property. The obtained results show that in the presence of habit formation of environmental quality, the economy undergoes from chaotic to simple dynamics, through periodic dynamics, as the degree of habit formation increases and a more careful study of the global property is needed.
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environmental tax policy
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dynamic property
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environment-growth model
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habit formation
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0.8123220801353455
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0.7343006134033203
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0.7314379811286926
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0.7301689386367798
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