Environment and economic growth: a convergence approach

Soumyananda Dinda ()

International Journal of Global Environmental Issues, 2009, vol. 9, issue 1/2, 137-144

Abstract: The world economy faces a serious challenge from the global environmental degradation and appropriate environmental policy should be adopted in time to save it. The effective environmental policy prescription depends on the actual position of the economy: at what stage of growth/development the economy is. To be specific, we are interested to observe how economic growth is systematically linked to the position of the economy as well as that of the environment. Our model predicts that the average growth rate of output is inversely related to the initial level of output and directly related to the initial level of environmental condition.

Keywords: economic growth; two-sector growth model; environmental capital; climate change; environmental pollution; abatement; convergence; carbon dioxide emissions. (search for similar items in EconPapers)
Date: 2009
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=22091 (text/html)
Access to full text is restricted to subscribers.

Related works:
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:ijgenv:v:9:y:2009:i:1/2:p:137-144

Access Statistics for this article

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