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Notes on environmental regulation and growth

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  • Anil Markandya
  • Alexander Golub

Abstract

This paper looks at the costs of regulating the environment on economic growth in a model that has increasing returns to scale in production at lower levels of development. It concludes that these costs are low, as are the costs of moving from a non-optimal regulatory policy to an optimal one. The implied shape of the Environmental Kuznets Curve may have one or two humps, but this depends upon the underlying parameters.

Suggested Citation

  • Anil Markandya & Alexander Golub, 2008. "Notes on environmental regulation and growth," International Journal of Global Environmental Issues, Inderscience Enterprises Ltd, vol. 8(4), pages 335-354.
  • Handle: RePEc:ids:ijgenv:v:8:y:2008:i:4:p:335-354
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    Cited by:

    1. Feliu López-i-Gelats & Jordi Bartolomé Filella, 2020. "Examining the role of organic production schemes in Mediterranean pastoralism," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(6), pages 5771-5792, August.
    2. Simeng Li & Gang Chen, 2020. "Contemporary strategies for enhancing nitrogen retention and mitigating nitrous oxide emission in agricultural soils: present and future," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(4), pages 2703-2741, April.

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