G2TT
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
URLhttps://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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