| 来源类型 | FEEM working papers "Note di lavoro" series |
| 规范类型 | 论文 |
| Is the Discount Rate Relevant in Explaining the Environmental Kuznets Curve? | |
| Giuseppe Di Vita | |
| 发表日期 | 2003 |
| 出处 | Climate Change and Sustainable Development |
| 出版年 | 2003 |
| 语种 | 英语 |
| 摘要 | In this paper we use Pindyck's model (2002) to show that the discount rate may play an important role in explaining for the income-pollution pattern observed in the real world. Low levels of income involve high values of discount rate, that are obstacles to the adoption of a pollution abatement policy. Only when the discount rate falls, as a consequence of growth, will it be possible to implement measures for emissions reduction. Thus we are able to derive an inverse U-shaped income-pollution pattern, making use of an argument that has never yet been introduced in the economic debate on this issue. |
| 特色分类 | Q2,D61 |
| 关键词 | Discount rate,Environmental Kuznets Curve,Income,Stock pollutants |
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/is-the-discount-rate-relevant-in-explaining-the-environmental-kuznets-curve/ |
| 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/116911 |
| 推荐引用方式 GB/T 7714 | Giuseppe Di Vita. Is the Discount Rate Relevant in Explaining the Environmental Kuznets Curve?. 2003. |
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