Does environmental policy necessarily discourage growth?
The author discusses the long-run impact of an environmental policy on economic growth and examines whether the policy can positively influence economic growth. He modifies Aghion and Howitt's growth model because he can describe the situation where the more productive production factor earns greater payoffs from R\&D investment. The market structure of the intermediate sector is assumed to be imperfect competition. The profits of intermediate suppliers are spent on R\&D activities. The analysis shows that environmental taxation decreases the level of final production and the demand for intermediate goods; thus, it decreases the intermediate profits.
- Growth effects of a revenue-neutral environmental tax reform
- Can environmental taxation stimulate growth? the role of indeterminacy in endogenous growth models with environmental externalities
- Transitional Impacts of Environmental Policy in an Endogenous Growth Model
- Environmental tax policy in a model of growth cycles
- Growth, environment and innovation -- a model with production vintages and environmentally oriented research
- Growth, technology, and environmental change -- nonlinearity and non-constant returns.
- Growth effects of a revenue-neutral environmental tax reform
- Growth, environment and innovation -- a model with production vintages and environmentally oriented research
- Are environmental policies counterproductive?
- Pollution permits and sustainable growth in a Schumpeterian model
- Abatement R\&D, market imperfections, and environmental policy in an endogenous growth model
- Pollution, private investment in healthcare, and environmental policy
- Labor supply and growth effects of environmental policy under technological risk
- Transitional Impacts of Environmental Policy in an Endogenous Growth Model
- Short‐ and Long‐Run Effects of Environmental Degradation: A Structuralist Approach
- scientific article; zbMATH DE number 824674 (Why is no real title available?)
- Environmental policy and social status preference for education in an Uzawa-Lucas model
- Pollution, the cost of public funds and endogenous growth
- Creative destruction vs destructive destruction: a Schumpeterian approach for adaptation and mitigation
- Environmental quality along the process of economic growth: a theoretical reappraisal
- Can environmental taxation stimulate growth? the role of indeterminacy in endogenous growth models with environmental externalities
- Environmental investment and policy with distortionary taxes, and endogenous growth
This page was built for publication: Does environmental policy necessarily discourage growth?
Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q1762968)
