Optimal Growth when Environmental Quality is a Research Asset

Christian Groth; Francesco Ricci

Optimal Growth when Environmental Quality is a Research Asset

Department of Economics

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Abstract

If environmental quality positively affects the productivity of labor in R&D and pollution is caused by the use of a non-renewable resource, it is socially optimal to postpone extraction and to intertemporally adjust R&D effort.

Original language	English
Publisher	Economic Policy Research Unit. Department of Economics, University of Copenhagen
Number of pages	8
Publication status	Published - 2009

Keywords

Faculty of Social Sciences
endogenous growth
non-renewable resources
environmental quality

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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Optimal Growth when Environmental Quality is a Research Asset

Abstract

Keywords

UN SDGs

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