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来源类型 | FEEM working papers "Note di lavoro" series |
规范类型 | 论文 |
Endogenous Growth and Negative Externalities | |
Stefano Bartolini; Luigi Bonatti | |
发表日期 | 1999 |
出处 | Economy and Society |
出版年 | 1999 |
语种 | 英语 |
摘要 | In this paper, the expansion of private production erodes the quality of commonly owned goods, thereby forcing individuals to rely increasingly on private goods to satisfy their needs. In the face of this deterioration, households keep their labour supplies and saving rates relatively high in spite of their increasing private wealth. By so doing, each household contributes to an increase in production and thus has a detrimental--though negligible--impact on commonly owned goods. Perpetual growth is the outcome of this self-fuelling process. Since long-run growth results from a co-ordination failure, it may be higher than socially desirable. |
特色分类 | O40,Q20 |
关键词 | Common property,defensive expenditure,co-ordination failure,undesirable growth,environmental assets,social assets,substitution process,self-fuelling process |
URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/endogenous-growth-and-negative-externalities/ |
来源智库 | Fondazione Eni Enrico Mattei (Italy) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/116483 |
推荐引用方式 GB/T 7714 | Stefano Bartolini,Luigi Bonatti. Endogenous Growth and Negative Externalities. 1999. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
NDL1999-091.pdf(187KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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