G2TT
来源类型Working papers
规范类型论文
DOI10.3929/ethz-a-010726172
Is the environment compatible with growth? Adopting an integrated framework
Bretschger, Lucas
发表日期2016-10
出版者ETH Zurich, Center of Economic Research (CER-ETH)
出版年2016
语种英语
摘要The paper develops an integrated baseline model to assess the trade-offs between the natural environment and economic growth. Consumption growth is considered under welfare and sustainability aspects. The framework features capital accumulation and the sectoral structure of the economy as key elements to cope with resource scarcity and pollution. Model extensions varying the number of sectors and inputs, changing central functional forms, and introducing poor input substitution and population growth are presented. The setup highlights the dual role of used inputs as a source of environmental problems and apart of the solution; it also discusses uncertainty and momentum effects. The paper concludes that the environment and economic growth can be compatible but that small deviations from the optimal paths my entail unsustainable development. Critical issues for sustainability are insufficient foresight, increasing damage intensity, and suboptimal policy making while population growth and poor input substitution are not necessarily precarious for future development.
主题Natural environment ; Endogenous growth ; Multisector model ; Poor substitution ; Population growth
URLhttps://www.research-collection.ethz.ch/handle/20.500.11850/123525
来源智库Centre for Energy Policy and Economics (Switzerland)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/266770
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Bretschger, Lucas. Is the environment compatible with growth? Adopting an integrated framework. 2016.
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