Sustainable development with extractive and non-extractive use of the environment in production
F. Butter and
Marjan Hofkes ()
Environmental & Resource Economics, 1995, vol. 6, issue 4, 358 pages
This paper considers an economy in which the environment plays a role both in welfare and production. An endogenous growth model, which allows for abatement activities, is formulated in order to study the impact of pollution on welfare and long-term growth. Conditions for optimal and balanced economic growth are discussed and a numerical example is given to provide some insight in the mechanisms at work in the model. Copyright Kluwer Academic Publishers 1995
Keywords: endogenous growth; sustainable development; environmental quality (search for similar items in EconPapers)
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Working Paper: Sustainable development with extractive and non-extractive use of the environment in production (1993)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:enreec:v:6:y:1995:i:4:p:341-358
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