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Environmental Policies

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  • Marjan Hofkes

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Abstract

This paper analyses a model in which botheconomic and ecological relationships as wellas all the interactions between the two arefully specified. It compares the short termand the long term effects of shocks inenvironmental policies. It appears that shortrun effects may differ substantially fromlong run effects, with respect to both levelsand growth rates of various variables. Thoughin the short run growth optimists may beright, in the long run there appears to be,under the chosen specification, a trade-offbetween economic growth and environmentalquality. Copyright Kluwer Academic Publishers 2001

Suggested Citation

  • Marjan Hofkes, 2001. "Environmental Policies," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 20(1), pages 1-26, September.
  • Handle: RePEc:kap:enreec:v:20:y:2001:i:1:p:1-26
    DOI: 10.1023/A:1017564418680
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    References listed on IDEAS

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    1. R. M. Solow, 1974. "Intergenerational Equity and Exhaustible Resources," Review of Economic Studies, Oxford University Press, vol. 41(5), pages 29-45.
    2. Hofkes, Marjan W., 1996. "Modelling sustainable development: An economy-ecology integrated model," Economic Modelling, Elsevier, vol. 13(3), pages 333-353, July.
    3. Solow, Robert M, 1986. " On the Intergenerational Allocation of Natural Resources," Scandinavian Journal of Economics, Wiley Blackwell, vol. 88(1), pages 141-149.
    4. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-974, December.
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    Cited by:

    1. Rob B. Dellink & Marjan W. Hofkes, 2006. "The Timing of National Greenhouse Gas Emission Reductions in the Presence of Other Environmental Policies," Working Papers 2006.17, Fondazione Eni Enrico Mattei.
    2. Walid Oueslati, 2013. "Short and Long-term Effects of Environmental Tax Reform," Working Papers 2013.09, Fondazione Eni Enrico Mattei.

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