G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
The Environmental Kuznets Curve in a World of Irreversibility
Fabien Prieur
发表日期2007
出处Climate Change and Sustainable Development
出版年2007
语种英语
摘要We develop an overlapping generations model where consumption is the source of polluting emissions. Pollution stock accumulates with emissions but is partially assimilated by nature at each period. The assimilation capacity of nature is limited and vanishes beyond a critical level of pollution. We first show that multiple equilibria exist. More importantly, some exhibit irreversible pollution levels although an abatement activity is operative. Thus, the simple engagement of maintenance does not necessarily suffice to protect an economy against convergence toward a steady state having the properties of an ecological and economic poverty trap. In contrast with earlier related studies, the emergence of the environmental Kuznets curve is no longer the rule. Instead, we detect a sort of degenerated Environmental Kuznets Curve that corresponds to the equilibrium trajectory leading to the irreversible solution.
特色分类Q56,D62,D91
关键词Overlapping Generations,Irreversible Pollution,Poverty Trap,Environmental Kuznets Curve
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/the-environmental-kuznets-curve-in-a-world-of-irreversibility/
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/117475
推荐引用方式
GB/T 7714
Fabien Prieur. The Environmental Kuznets Curve in a World of Irreversibility. 2007.
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