search query: @indexterm SUSTAINABLE DEVELOPMENT / total: 501
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Author: | Ramirez Harrington, D. Khanna, M. Zilberman, D. |
Title: | Conservation capital and sustainable economic growth |
Journal: | Oxford Economic Papers
2005 : APR, VOL. 57:2, p. 336-359 |
Index terms: | Capital Conservation Economic growth Environmental quality Sustainable development |
Language: | eng |
Abstract: | This paper develops an endogenous growth model that links pollution to ineffective input-use to examine the potential for achieving balanced growth while preserving the environment through investment in conservation capital. Conditions are derived, under which individual preferences for environmental quality and private incentives for investment in conservation capital can lead to non-decreasing environmental quality with balanced growth even in the absence of environmental regulations. |
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