Discussion Papers no. 114
Endogenous growth theory applied to developing countries
Does improved environmental policy enchance economic growth?
The environmental impacts on an economy is studied over time using endogenous growth theory. Externalities from the environment on production are central in the analysis, and we examine whether an optimal path realizes more rapid economic growth. The paper is mainly focusing on developing countries, where production is largely influenced by the environmental quality. The result of the analysis indicates that the economic growth rate does not depend on the internalization of the environmental externality, but rather on the internalization of the human capital externality. The level of economic activity does, however, generally depend on the internalization of both externalities.
Om publikasjonen
- Tittel
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Does improved environmental policy enchance economic growth?. Endogenous growth theory applied to developing countries
- Ansvarlig
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Knut Einar Rosendahl
- Serie og -nummer
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Discussion Papers no. 114
- Utgiver
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Statistics Norway, Research Department
- Emne
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Discussion Papers
- Antall sider
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26 bl.
- Målform
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Engelsk
- Om Discussion Papers
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Discussion papers comprise research papers intended for international journals and books. A preprint of a Discussion Paper may be longer and more elaborate than a standard journal article as it may include intermediate calculations, background material etc.
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