EconPapers    
Economics at your fingertips  
 

Endogenous technology and environmental quality in economic models

Frank den Butter, Marjan W. Hofkes
Authors registered in the RePEc Author Service: Marjan W. Hofkes () and Frank A.G. Den Butter ()

International Journal of Environmental Technology and Management, 2001, vol. 1, issue 1/2, 32-44

Abstract: The debate on the relationship between the economy and the environment focuses on the question whether there is a trade-off between economic growth and environmental quality. In order to enable a quantification of this essentially empirical question, it is necessary to integrate the environment into economic models. This article considers the integration of the environment in models of economic growth. According to these models, technical progress constitutes a major driving force for economic growth. First, we give a short survey of the theory of endogenous growth, where, unlike in traditional growth theory, the pace of economic growth may depend on economies of scale in the production process. Furthermore, it is discussed how the concept of sustainable development can be made operational within the framework of models of economic growth. Next, we give an example of both a theoretical model of endogenous growth which integrates the environment, and of an empirical model based on the theory of economic growth. Finally, mechanisms of structural change are described that may be exploited by policy makers in order to enhance environmental quality in a growing economy.

Keywords: endogenous technology; sustainable development; environmental policies; technological change; economic growth. (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.inderscience.com/link.php?id=738 (text/html)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Endogenous technology and environmental quality in economic models (1998) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijetma:v:1:y:2001:i:1/2:p:32-44

Access Statistics for this article

More articles in International Journal of Environmental Technology and Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().

 
Page updated 2022-01-18
Handle: RePEc:ids:ijetma:v:1:y:2001:i:1/2:p:32-44