Optimal growth with pollution: how to use pollution permits?

DOI10.1016/j.jedc.2004.09.004zbMath1198.91137OpenAlexW2044377633MaRDI QIDQ956454

Philippe Michel, Pierre-André Jouvet, Gilles Rotillon

Publication date: 25 November 2008

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jedc.2004.09.004

zbMATH Keywords

optimal growthenvironmentmarket of permits

Mathematics Subject Classification ID

Economic growth models (91B62) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76)

Related Items (8)

Pollution, unequal lifetimes and fairness ⋮ GROWTH AND IRREVERSIBLE POLLUTION: ARE EMISSION PERMITS A MEANS OF AVOIDING ENVIRONMENTAL AND POVERTY TRAPS? ⋮ Pollution and growth: The role of pension in the efficiency of health and environmental policies ⋮ Markets for emission permits with free endowment: A vintage capital analysis ⋮ The consequences of a one-sided externality in a dynamic, two-agent framework ⋮ Roads to prosperity without environmental poverty: the role of impatience ⋮ Threshold preferences and the environment ⋮ ENVIRONMENTAL DYNAMICS AND THE LINKS BETWEEN GROWTH, VOLATILITY AND MORTALITY

Cites Work

• Optimal investment in pollution control capital in a neoclassical growth context
• Some Clarifications on the Transversality Condition

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