2001
DOI: 10.1111/0017-4815.00151
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Endogenous Growth and Environmental Policy

Abstract: This paper examines the relationship between environmental policy and growth, from the perspective of endogenous growth theory. In particular three standard endogenous growth models are supplemented with environmental issues, such as pollution and exhaustibility of natural resources. It is found that these new elements may affect the long run growth rates, but this is not a universal outcome. One consequence for economic policy is that optimal taxation to realize a social optimum should take account of environ… Show more

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Cited by 9 publications
(1 citation statement)
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“…The utilitarian theory offers a theoretical background for the signi cant relationship between ICTs and environmental degradation. The theory claims that the welfare of a society can be maximized through ICT infrastructure (Withagen and Vellinga, 2001). Therefore, it implies that social welfare can be attained by reducing carbon emissions via ICTs and will conversely play an essential role in environmental degradation (Batool et al, 2019).…”
Section: Theoretical Reviewmentioning
confidence: 99%
“…The utilitarian theory offers a theoretical background for the signi cant relationship between ICTs and environmental degradation. The theory claims that the welfare of a society can be maximized through ICT infrastructure (Withagen and Vellinga, 2001). Therefore, it implies that social welfare can be attained by reducing carbon emissions via ICTs and will conversely play an essential role in environmental degradation (Batool et al, 2019).…”
Section: Theoretical Reviewmentioning
confidence: 99%