Environmental pollution in a growing economy with endogenous structural change

Bondarev A, Greiner A (2014) Working Papers in Economics and Management; 07-2014.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.

Diskussionspapier | Veröffentlicht | Englisch
 
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Abstract / Bemerkung
In this paper we study the impact of environmental pollution in an endogenous growth model with endogenous structural change. The paper allows for both horizontal and vertical innovations where newer technologies are less polluting compared to older ones. The analysis shows that the presence of environmental externalities stimulates structural change but reduces the growth rate of the economy. Further, comparing the models with and without structural change demonstrates that the latter implies stronger environmental damages and, consequently, a lower growth rate than the first one. Finally, levying a tax on the polluting output speeds up structural change, thus, reducing environmental pollution and spurring economic growth.
Stichworte
Environmental Damages; Endogenous Growth; Creative Destruction; Endogenous Structural Change
Erscheinungsjahr
2014
Serientitel
Working Papers in Economics and Management
Band
07-2014
Seite(n)
24
ISSN
2196-2723
Page URI
https://pub.uni-bielefeld.de/record/2915490

Zitieren

Bondarev A, Greiner A. Environmental pollution in a growing economy with endogenous structural change. Working Papers in Economics and Management. Vol 07-2014. Bielefeld: Bielefeld University, Department of Business Administration and Economics; 2014.
Bondarev, A., & Greiner, A. (2014). Environmental pollution in a growing economy with endogenous structural change (Working Papers in Economics and Management, 07-2014). Bielefeld: Bielefeld University, Department of Business Administration and Economics. doi:10.4119/unibi/2915490
Bondarev, Anton, and Greiner, Alfred. 2014. Environmental pollution in a growing economy with endogenous structural change. Vol. 07-2014. Working Papers in Economics and Management. Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Bondarev, A., and Greiner, A. (2014). Environmental pollution in a growing economy with endogenous structural change. Working Papers in Economics and Management, 07-2014, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Bondarev, A., & Greiner, A., 2014. Environmental pollution in a growing economy with endogenous structural change, Working Papers in Economics and Management, no.07-2014, Bielefeld: Bielefeld University, Department of Business Administration and Economics.
A. Bondarev and A. Greiner, Environmental pollution in a growing economy with endogenous structural change, Working Papers in Economics and Management, vol. 07-2014, Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2014.
Bondarev, A., Greiner, A.: Environmental pollution in a growing economy with endogenous structural change. Working Papers in Economics and Management, 07-2014. Bielefeld University, Department of Business Administration and Economics, Bielefeld (2014).
Bondarev, Anton, and Greiner, Alfred. Environmental pollution in a growing economy with endogenous structural change. Bielefeld: Bielefeld University, Department of Business Administration and Economics, 2014. Working Papers in Economics and Management. 07-2014.
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2019-09-06T09:18:55Z
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