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	Provedor de dados AgEcon (1) Autor Horii, Ryo (1) Ikefuji, Masako (1) Palavra-chave E22 (1) Economic growth (1) Endogenous depreciation (1) Environmental Economics and Policy (1) Human capital (1) Natural disasters (1) O13 (1) O41 (1) Resource /Energy Economics and Policy (1) Mais... Tipo do documento Working or Discussion Paper (1) Ano 2010 (1) País United States (1) Idioma Inglês (1)		Ordenar por:  Relevância Autor Título Ano Registros recuperados: 1 Primeira ... 1 ... Última Natural Disasters in a Two-Sector Model of Endogenous Growth AgEcon Horii, Ryo; Ikefuji, Masako. This paper studies sustainability of economic growth considering the risk of natural disasters caused by pollution in an endogenous growth model with physical and human capital accumulation. It is shown that economic growth is sustainable only if the tax rate on the polluting input is increased over time and that the long-term rate of economic growth follows an inverted V-shaped curve relative to the growth rate of the environmental tax. The social welfare is maximized under a positive steady-state growth in which faster accumulation of human capital compensates the productivity loss due to declining use of the polluting input. Tipo: Working or Discussion Paper Palavras-chave: Natural disasters; Human capital; Endogenous depreciation; Economic growth; Environmental Economics and Policy; Resource /Energy Economics and Policy; O41; O13; E22. Ano: 2010 URL: http://purl.umn.edu/97337 Registros recuperados: 1 Primeira ... 1 ... Última

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