Green Growth : Lessons from Growth Theory
2012
Withagen, Cees | Smulders, Sjak
This paper reviews dynamic general equilibrium models in order to collect insights on the interaction between economic growth and environmental issues. The authors discuss the Ramsey model and extend it for natural resource inputs and pollution, as well as for endogenous technical change. Green growth becomes within reach if there is good substitution, a clean backstop technology, a small share of natural resources in gross domestic product, and/or green directed technical change.
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书目信息
出版者
World Bank, Washington, DC
其它主题
Market failures; Emission reduction policies; Wealth; Green accounting; Open economies; Environmental quality; Damages; Sequestration; Shadow price; Price of oil; Forest; Negative impacts; Environmental tax reform; Producers; Sustainable growth; Economic incentives; Growth policy; Global climate change; Discount rate; Oil; Resource use; Negative externalities; Resource economics; Consumption levels; Public good; Exploitation; Gdp; Adverse effects; Economic dynamics; Political economy; Technological progress; Harmful emissions; Crowding out; Emission cuts; Benchmark; Carbon tax; Expenditures; Labor productivity; Future consumption; Labor force; Damage function; Growth of consumption; Economic theory; Natural resource scarcity; Interest rate; Environmental issues; Demand for energy; Climate damages; Stock of capital; Carbon leakage; Dynamic model; Public economics; Marginal product; Lower costs; Marginal products; Increase in consumption; Environments; Empirical studies; Welfare function; Emission tax; Development policy; Income effect; Growth policies; Utility functions; Environmental tax; Energy prices; Aggregate level; Environmental; Greenhouse gas; Direct abatement; Marginal productivity; Intergenerational equity; Electricity plants; Oligopolies; Increasing returns; Regeneration capacity; Negative impact; Cost-benefit; Greenhouse; Energy economics; Environmental policy; Capital stocks; Pollution tax; Environmental kuznets; Constant returns to scale; Market economy; Climate policy; Production function; Negative externality; Use of capital; Emissions; Economics of climate change; Financial markets; Low-carbon; Marginal benefits; Fish stock; Per capita consumption; Pollution taxes; Technological change; Emission taxes; Marginal cost; Efficiency improvements; Ceteris paribus; Empirical analysis; Diminishing returns; Oil reserves; Carbon fossil fuels; Externalities; Fossil fuel; Cost of carbon; Carbon capture; Abatement cost; Per capita income; Ecosystem; Laissez-faire; Environmental taxes; Climate change policies; Positive externalities; Lower prices; Utility function; Energy policy; Substitution; Ecological economics
许可
Policy Research Working Paper; No. 6230http://creativecommons.org/licenses/by/3.0/World BankCC BY 3.0 Unported
来源
Policy Research Working Paper; No. 6230
2014-09-15
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