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Quantification Of Decontamination Cost And Environmental Protection - A Macroeconomic Approach

Author

Listed:
  • Iuliana Militaru

    (Romanian American University)

  • Cornelia Gabriela Piciu

    (Financial and Monetary Research Center “Victor Slăvescu”, Bucharest)

  • Antoniu Predescu

    (Universitatea Spiru Haret, Râmnicu Vâlcea)

Abstract

The pollution, as a global phenomenon, is the result of (continuous) current economic mentality’s influence, according to which the target to be achieved permanent is the profit maximization. At macroeconomic level, to achieve the constant target of profit maximization is to record economic growth. But, GDP does not include, in practice, externalities – e.g. polluting industrial activities; so, mechanism which generates both GDP and economic and social value of the pollution amplitude comprise at least one direct influence factor of economic growth. In conclusion, increasing the amplitude of pollution is obtainable only by positive contribution of the national economy, e.g. with net exports increasing.

Suggested Citation

  • Iuliana Militaru & Cornelia Gabriela Piciu & Antoniu Predescu, 2013. "Quantification Of Decontamination Cost And Environmental Protection - A Macroeconomic Approach," Romanian Economic Business Review, Romanian-American University, vol. 8(3.1), pages 106-113, September.
    • Handle: RePEc:rau:journl:v:8:y:2013:i:3.1:p:106-113
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