Green growth -- lessons from growth theory

Sjak Smulders () and Cees Withagen

No 6230, Policy Research Working Paper Series from The World Bank

Abstract: 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.

Keywords: Environmental Economics&Policies; Economic Theory&Research; Political Economy; Climate Change Economics; Climate Change Mitigation and Green House Gases (search for similar items in EconPapers)
Date: 2012-10-01
New Economics Papers: this item is included in nep-ene, nep-env and nep-fdg
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:6230

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