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Economic Growth and the Environment: A Review of Theory and Empirics Author info | Abstract | Publisher info | Download info | Related research | Statistics William A. Brock
M. Scott Taylor
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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.
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Paper provided by National Bureau of Economic Research, Inc in its series NBER Working Papers with number
10854.
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Date of creation: Oct 2004Date of revision:
Handle: RePEc:nbr:nberwo:10854Note: EFG EEEContact details of provider: Postal: National Bureau of Economic Research, 1050 Massachusetts Avenue Cambridge, MA 02138, U.S.A. Phone: 617-868-3900 Email: Web page: http://www.nber.org More information through EDIRC
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Keywords: Other versions of this item:
Chapter Brock, William A. & Taylor, M. Scott, 2005.
"Economic Growth and the Environment: A Review of Theory and Empirics ,"
Handbook of Economic Growth ,
in: Philippe Aghion & Steven Durlauf (ed.), Handbook of Economic Growth, edition 1, volume 1, chapter 28, pages 1749-1821
Elsevier.
[Downloadable!] (restricted) Find related papers by JEL classification: F1 - International Economics - - Trade Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
This paper has been announced in the following NEP Reports :
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