Endogenous Growth and the Possibility of Eliminating Pollution
This paper studies the effect on optimal growth of the possibility that at some moment in the future a technology is discovered that eliminates pollution. We formalize this possibility as a probability p per unit of time of discovering such a technology. We focus on steady-state behavior and show th...
Gespeichert in:
| Veröffentlicht in: | Journal of environmental economics and management 2001-11, Vol.42 (3), p.360-373 |
|---|---|
| 1. Verfasser: | |
| Format: | Artikel |
| Sprache: | eng |
| Schlagworte: | |
| Online-Zugang: | Volltext |
| Tags: |
Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
|
| container_end_page | 373 |
|---|---|
| container_issue | 3 |
| container_start_page | 360 |
| container_title | Journal of environmental economics and management |
| container_volume | 42 |
| creator | Reis, Ana Balcão |
| description | This paper studies the effect on optimal growth of the possibility that at some moment in the future a technology is discovered that eliminates pollution. We formalize this possibility as a probability p per unit of time of discovering such a technology. We focus on steady-state behavior and show that the optimal rate of growth increases with the hope of eliminating pollution. For an economy where there is no growth in the steady state of the optimal trajectory when p=0, a positive p may imply positive growth. The higher the value of the probability, the larger the endogenous rate of growth. |
| doi_str_mv | 10.1006/jeem.2000.1159 |
| format | Article |
| fullrecord | <record><control><sourceid>proquest_cross</sourceid><recordid>TN_cdi_proquest_miscellaneous_38344700</recordid><sourceformat>XML</sourceformat><sourcesystem>PC</sourcesystem><els_id>S0095069600911598</els_id><sourcerecordid>91955204</sourcerecordid><originalsourceid>FETCH-LOGICAL-c535t-8f2545e7ccb5e9feb78d3e4949b082d82aad72b33f7efcb64213cd1c1cd125623</originalsourceid><addsrcrecordid>eNqFkc2LFDEQxRtRcFy9em48eOvZfHaSiyDLuK4s6EHPIZ2u3snQnYxJZmX-e6sZ8SDIHqoeIb9XVPKa5i0lW0pIf30AWLaMEDxSaZ41G0pM3xEhzPNmQ4iRHelN_7J5VcoBKU1Uv2k-7OKYHiCmU2lvc_pV962LY1v30H5LpYQhzKGe2zS1uzksIboa4gNezfOphhRfNy8mNxd480evmh-fdt9vPnf3X2_vbj7ed15yWTs9MSkkKO8HCWaCQemRgzDCDESzUTPnRsUGzicFkx96wSj3I_UUG5M941fN-8vcY04_T1CqXULxMM8uAq5uueZCKEKeBKlm1EipngaFNEYTjeC7f8BDOuWIr7WMSq4k0QKh7QXyGX8tw2SPOSwuny0ldk3HrunYNR27poOGLxdDhiP4vzQArKCL9tFyJxi2Mxb6KErA4ljHVXtiueJ2Xxccpi_DACN4DJBt8QGihzFk8NWOKfxvj987Gq4g</addsrcrecordid><sourcetype>Aggregation Database</sourcetype><iscdi>true</iscdi><recordtype>article</recordtype><pqid>215375084</pqid></control><display><type>article</type><title>Endogenous Growth and the Possibility of Eliminating Pollution</title><source>RePEc</source><source>Elsevier ScienceDirect Journals Complete</source><creator>Reis, Ana Balcão</creator><creatorcontrib>Reis, Ana Balcão</creatorcontrib><description>This paper studies the effect on optimal growth of the possibility that at some moment in the future a technology is discovered that eliminates pollution. We formalize this possibility as a probability p per unit of time of discovering such a technology. We focus on steady-state behavior and show that the optimal rate of growth increases with the hope of eliminating pollution. For an economy where there is no growth in the steady state of the optimal trajectory when p=0, a positive p may imply positive growth. The higher the value of the probability, the larger the endogenous rate of growth.</description><identifier>ISSN: 0095-0696</identifier><identifier>EISSN: 1096-0449</identifier><identifier>DOI: 10.1006/jeem.2000.1159</identifier><identifier>CODEN: JEEMDI</identifier><language>eng</language><publisher>New York: Elsevier Inc</publisher><subject>Economic models ; Economics ; Endogenous growth ; Environment ; Environmental economics ; Growth rate ; Pollution ; Pollution control ; Probability ; Studies ; technological development ; Technology</subject><ispartof>Journal of environmental economics and management, 2001-11, Vol.42 (3), p.360-373</ispartof><rights>2001 Academic Press</rights><rights>Copyright Elsevier Science Publishing Company, Inc. Nov 2001</rights><lds50>peer_reviewed</lds50><woscitedreferencessubscribed>false</woscitedreferencessubscribed><citedby>FETCH-LOGICAL-c535t-8f2545e7ccb5e9feb78d3e4949b082d82aad72b33f7efcb64213cd1c1cd125623</citedby><cites>FETCH-LOGICAL-c535t-8f2545e7ccb5e9feb78d3e4949b082d82aad72b33f7efcb64213cd1c1cd125623</cites></display><links><openurl>$$Topenurl_article</openurl><openurlfulltext>$$Topenurlfull_article</openurlfulltext><thumbnail>$$Tsyndetics_thumb_exl</thumbnail><linktohtml>$$Uhttps://www.sciencedirect.com/science/article/pii/S0095069600911598$$EHTML$$P50$$Gelsevier$$H</linktohtml><link.rule.ids>314,776,780,3537,3994,27901,27902,65534</link.rule.ids><backlink>$$Uhttp://econpapers.repec.org/article/eeejeeman/v_3a42_3ay_3a2001_3ai_3a3_3ap_3a360-373.htm$$DView record in RePEc$$Hfree_for_read</backlink></links><search><creatorcontrib>Reis, Ana Balcão</creatorcontrib><title>Endogenous Growth and the Possibility of Eliminating Pollution</title><title>Journal of environmental economics and management</title><description>This paper studies the effect on optimal growth of the possibility that at some moment in the future a technology is discovered that eliminates pollution. We formalize this possibility as a probability p per unit of time of discovering such a technology. We focus on steady-state behavior and show that the optimal rate of growth increases with the hope of eliminating pollution. For an economy where there is no growth in the steady state of the optimal trajectory when p=0, a positive p may imply positive growth. The higher the value of the probability, the larger the endogenous rate of growth.</description><subject>Economic models</subject><subject>Economics</subject><subject>Endogenous growth</subject><subject>Environment</subject><subject>Environmental economics</subject><subject>Growth rate</subject><subject>Pollution</subject><subject>Pollution control</subject><subject>Probability</subject><subject>Studies</subject><subject>technological development</subject><subject>Technology</subject><issn>0095-0696</issn><issn>1096-0449</issn><fulltext>true</fulltext><rsrctype>article</rsrctype><creationdate>2001</creationdate><recordtype>article</recordtype><sourceid>X2L</sourceid><recordid>eNqFkc2LFDEQxRtRcFy9em48eOvZfHaSiyDLuK4s6EHPIZ2u3snQnYxJZmX-e6sZ8SDIHqoeIb9XVPKa5i0lW0pIf30AWLaMEDxSaZ41G0pM3xEhzPNmQ4iRHelN_7J5VcoBKU1Uv2k-7OKYHiCmU2lvc_pV962LY1v30H5LpYQhzKGe2zS1uzksIboa4gNezfOphhRfNy8mNxd480evmh-fdt9vPnf3X2_vbj7ed15yWTs9MSkkKO8HCWaCQemRgzDCDESzUTPnRsUGzicFkx96wSj3I_UUG5M941fN-8vcY04_T1CqXULxMM8uAq5uueZCKEKeBKlm1EipngaFNEYTjeC7f8BDOuWIr7WMSq4k0QKh7QXyGX8tw2SPOSwuny0ldk3HrunYNR27poOGLxdDhiP4vzQArKCL9tFyJxi2Mxb6KErA4ljHVXtiueJ2Xxccpi_DACN4DJBt8QGihzFk8NWOKfxvj987Gq4g</recordid><startdate>20011101</startdate><enddate>20011101</enddate><creator>Reis, Ana Balcão</creator><general>Elsevier Inc</general><general>Elsevier</general><general>Elsevier Science Publishing Company, Inc</general><scope>DKI</scope><scope>X2L</scope><scope>AAYXX</scope><scope>CITATION</scope><scope>7SN</scope><scope>7ST</scope><scope>8BJ</scope><scope>C1K</scope><scope>FQK</scope><scope>JBE</scope><scope>SOI</scope><scope>7TV</scope></search><sort><creationdate>20011101</creationdate><title>Endogenous Growth and the Possibility of Eliminating Pollution</title><author>Reis, Ana Balcão</author></sort><facets><frbrtype>5</frbrtype><frbrgroupid>cdi_FETCH-LOGICAL-c535t-8f2545e7ccb5e9feb78d3e4949b082d82aad72b33f7efcb64213cd1c1cd125623</frbrgroupid><rsrctype>articles</rsrctype><prefilter>articles</prefilter><language>eng</language><creationdate>2001</creationdate><topic>Economic models</topic><topic>Economics</topic><topic>Endogenous growth</topic><topic>Environment</topic><topic>Environmental economics</topic><topic>Growth rate</topic><topic>Pollution</topic><topic>Pollution control</topic><topic>Probability</topic><topic>Studies</topic><topic>technological development</topic><topic>Technology</topic><toplevel>peer_reviewed</toplevel><toplevel>online_resources</toplevel><creatorcontrib>Reis, Ana Balcão</creatorcontrib><collection>RePEc IDEAS</collection><collection>RePEc</collection><collection>CrossRef</collection><collection>Ecology Abstracts</collection><collection>Environment Abstracts</collection><collection>International Bibliography of the Social Sciences (IBSS)</collection><collection>Environmental Sciences and Pollution Management</collection><collection>International Bibliography of the Social Sciences</collection><collection>International Bibliography of the Social Sciences</collection><collection>Environment Abstracts</collection><collection>Pollution Abstracts</collection><jtitle>Journal of environmental economics and management</jtitle></facets><delivery><delcategory>Remote Search Resource</delcategory><fulltext>fulltext</fulltext></delivery><addata><au>Reis, Ana Balcão</au><format>journal</format><genre>article</genre><ristype>JOUR</ristype><atitle>Endogenous Growth and the Possibility of Eliminating Pollution</atitle><jtitle>Journal of environmental economics and management</jtitle><date>2001-11-01</date><risdate>2001</risdate><volume>42</volume><issue>3</issue><spage>360</spage><epage>373</epage><pages>360-373</pages><issn>0095-0696</issn><eissn>1096-0449</eissn><coden>JEEMDI</coden><abstract>This paper studies the effect on optimal growth of the possibility that at some moment in the future a technology is discovered that eliminates pollution. We formalize this possibility as a probability p per unit of time of discovering such a technology. We focus on steady-state behavior and show that the optimal rate of growth increases with the hope of eliminating pollution. For an economy where there is no growth in the steady state of the optimal trajectory when p=0, a positive p may imply positive growth. The higher the value of the probability, the larger the endogenous rate of growth.</abstract><cop>New York</cop><pub>Elsevier Inc</pub><doi>10.1006/jeem.2000.1159</doi><tpages>14</tpages></addata></record> |
| fulltext | fulltext |
| identifier | ISSN: 0095-0696 |
| ispartof | Journal of environmental economics and management, 2001-11, Vol.42 (3), p.360-373 |
| issn | 0095-0696 1096-0449 |
| language | eng |
| recordid | cdi_proquest_miscellaneous_38344700 |
| source | RePEc; Elsevier ScienceDirect Journals Complete |
| subjects | Economic models Economics Endogenous growth Environment Environmental economics Growth rate Pollution Pollution control Probability Studies technological development Technology |
| title | Endogenous Growth and the Possibility of Eliminating Pollution |
| url | https://sfx.bib-bvb.de/sfx_tum?ctx_ver=Z39.88-2004&ctx_enc=info:ofi/enc:UTF-8&ctx_tim=2025-02-19T11%3A28%3A37IST&url_ver=Z39.88-2004&url_ctx_fmt=infofi/fmt:kev:mtx:ctx&rfr_id=info:sid/primo.exlibrisgroup.com:primo3-Article-proquest_cross&rft_val_fmt=info:ofi/fmt:kev:mtx:journal&rft.genre=article&rft.atitle=Endogenous%20Growth%20and%20the%20Possibility%20of%20Eliminating%20Pollution&rft.jtitle=Journal%20of%20environmental%20economics%20and%20management&rft.au=Reis,%20Ana%20Balc%C3%A3o&rft.date=2001-11-01&rft.volume=42&rft.issue=3&rft.spage=360&rft.epage=373&rft.pages=360-373&rft.issn=0095-0696&rft.eissn=1096-0449&rft.coden=JEEMDI&rft_id=info:doi/10.1006/jeem.2000.1159&rft_dat=%3Cproquest_cross%3E91955204%3C/proquest_cross%3E%3Curl%3E%3C/url%3E&disable_directlink=true&sfx.directlink=off&sfx.report_link=0&rft_id=info:oai/&rft_pqid=215375084&rft_id=info:pmid/&rft_els_id=S0095069600911598&rfr_iscdi=true |