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Green Growth : Lessons from Growth Theory

Author: Sjak Smulders; Cees Withagen
Publisher: Washington, D.C. : The World Bank, 2012.
Series: Policy research working papers.; World Bank e-Library.
Edition/Format:   eBook : Document : International government publication : EnglishView all editions and formats
Summary:
This paper reviews dynamic general equilibrium models in order to collect insights on the interaction between economic growth and environmental issues. The authors discuss the Ramsey model and extend it for natural resource inputs and pollution, as well as for endogenous technical change. Green growth becomes within reach if there is good substitution, a clean backstop technology, a small share of natural resources  Read more...
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Additional Physical Format: Print version:
Smulders, Sjak
Green Growth.
Washington, D.C. : The World Bank, 2012
Material Type: Document, Government publication, International government publication, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Sjak Smulders; Cees Withagen
OCLC Number: 819083278
Description: 1 online resource (43 pages).
Series Title: Policy research working papers.; World Bank e-Library.
Responsibility: Sjak Smulders.

Abstract:

This paper reviews dynamic general equilibrium models in order to collect insights on the interaction between economic growth and environmental issues. The authors discuss the Ramsey model and extend it for natural resource inputs and pollution, as well as for endogenous technical change. Green growth becomes within reach if there is good substitution, a clean backstop technology, a small share of natural resources in gross domestic product, and/or green directed technical change.

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