This file is part of IDEAS, which uses RePEc data


[ Papers | Articles | Software | Books | Chapters | Authors | Institutions | JEL Classification | NEP reports | Search | New papers by email | Author registration | Rankings | Volunteers | FAQ | Blog | Help! ]

Polluting non-renewable resources, tradeable permits and endogenous growth

Author info | Abstract | Publisher info | Download info | Related research | Statistics
Author Info
Andre Grimaud
Luc Rouge
Abstract

We set up an endogenous growth model with vertical innovations in which the use of a non-renewable resource within the production process generates a flow of pollution. This flow negatively affects the dynamics of the stock of environment, which is an argument of the non-separable utility function. We study the general equilibrium effects of an environmental policy consisting in emissions of tradeable permits. In particular, we show that a more stringent policy can lead, by the channel of the permits price dynamics, to more R&D; in all cases it promotes growth.

Download Info
To download:

If you experience problems downloading a file, check if you have the proper application to view it first. Information about this may be contained in the File-Format links below. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL: http://inderscience.metapress.com/link.asp?target=contribution&id=3BQF9V00TDC0X7E5
File Format: text/html
File Function:
Download Restriction: Access to full text is restricted to subscribers.

As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.

Publisher Info
Article provided by Inderscience Enterprises Ltd in its journal International Journal of Global Environmental Issues.

Volume (Year): 4 (2004)
Issue (Month): 1 (January)
Pages: 38-57
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:mes:ijgenv:v:4:y:2004:i:1:p:38-57

Contact details of provider:
Web page: http://inderscience.metapress.com/link.asp?target=journal&id=110856

For technical questions regarding this item, or to correct its listing, contact: (Christopher F. Baum).

Related research
Keywords: endogenous growth; environmental policy; non-renewable resources; non-separable utility function; pollution; tradeable permits; vertical innovation; growth; natural resources; environment;

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Chantrel, Etienne & Grimaud, André & Tournemaine, Frédéric, 2008. "Pricing Knowledge and Funding Research of New Technology Sectors in a Growth Model," IDEI Working Papers 184, Institut d'Économie Industrielle (IDEI), Toulouse, revised 2009. [Downloadable!]
Statistics
Access and download statistics

Did you know? Data contributors to RePEc receive monthly emails with details about downloads and abstract views of their works.

This page was last updated on 2009-12-19.


This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.