haku: @indexterm EXTERNALITIES / yhteensä: 129
viite: 95 / 129
| Tekijä: | Rosendahl, K. |
| Otsikko: | Does improved environmental policy enhance economic growth? |
| Lehti: | Environmental and Resource Economics
1997 : APR, VOL. 9:3, p. 341-364 |
| Asiasana: | DEVELOPING COUNTRIES GROWTH EXTERNALITIES |
| Kieli: | eng |
| Tiivistelmä: | The environmental impacts on an economy is studied over time using endogenous growth theory. Externalities from the environment on production are central in the analysis and the author examines whether an optimal path realizes more rapid economic growth. The paper focuses mainly on developing countries, where production is largely influenced by the environmental quality. The result of the analysis indicates that the economic growth rate may not depend on the internalization of the environmental externality, but rather on the internalization of the human capital externality. |
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