Economic growth and the environment
Subtitle: a review of theory and empirics
By: William A. Brock, M. Scott Taylor.
Contributors: Taylor, M. Scott 1960-; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 10854; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 10854.
Publisher: National Bureau of Economic Research
Published: 2004
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Economic development -- Environmental aspects.; Sustainable development.
Description: "This paper reviews both theory and empirical work on economic growth and the environment.  We develop four simple growth models to help us identify key features generating sustainable growth.  We show how some combination of technological progress in abatement, intensified abatement, shifts in the composition of national output and induced innovation are necessary for sustainable growth, and then demonstrate how growth models employing any one of these mechanisms generate other potentially refutable predictions on abatement costs, pollution levels, or emission intensities"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
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