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Economic Growth and the Environment: A Review of Theory and Empirics / William A. Brock, M. Scott Taylor.
- Format:
- Book
- Author/Creator:
- Brock, William A.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w10854.
- NBER working paper series no. w10854
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Economic Growth and the Environment
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2004.
- Summary:
- This paper reviews both theory and empirical work on economic growth and the environment. We develop four simple growth models to help us identify key features generating sustainable growth. We show how some combination of technological progress in abatement, intensified abatement, shifts in the composition of national output and induced innovation are necessary for sustainable growth, and then demonstrate how growth models employing any one of these mechanisms generate other potentially refutable predictions on abatement costs, pollution levels, or emission intensities.
- Notes:
- Print version record
- October 2004.
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