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Registros recuperados: 19.182 | |
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Pautrel, Xavier. |
This article demonstrates that when finite lifetime is introduced in a Lucas (1988) growth model, the environmental policy may enhance growth both in the short- and the long-run, while pollution does not influence educational activities, labor supply is not elastic and human capital does not enter the utility function. This is because finite lifetime and the appearance of newborns at each date creates a turnover of generations which disconnects the aggregate consumption growth to the interest rate. We show that the shorter is the horizon, the greater the effect of the environmental policy on growth, because the higher the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Growth; Environment; Overlapping Generations; Human Capital; C; O. |
Ano: 2008 |
URL: http://purl.umn.edu/42146 |
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Devadoss, Stephen. |
According to the monetary neutrality hypothesis, only the unanticipated money supply growth has impacts on real economic variables, and the anticipated money supply growth has no real impacts. The monetary neutrality hypothesis is tested on real farm output. The test procedure involves joint estimation of farm output and the money growth equation. The empirical results show that the anticipated money supply growth does have significant effects on farm output and, thus, do not support the monetary neutrality hypothesis. |
Tipo: Journal Article |
Palavras-chave: Financial Economics. |
Ano: 1991 |
URL: http://purl.umn.edu/32626 |
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Elbasha, Elamin H.; Roe, Terry L.. |
This paper uses an endogenous growth model to examine the interaction between trade, economic growth, and the environment. We find that whether trade enhances or retards growth depends on the relation between factor intensities of exportable, importable, and R&D and the relative abundance of the factor R&D uses more intensively. Depending on the intertemporal elasticity of substitution, the long-run rate of economic growth changes with environmental externalities. Concerns about the environment can explain a significant part of cross-country difference in growth rates. For the... |
Tipo: Working or Discussion Paper |
Palavras-chave: Environmental Economics and Policy; F11; O31; O41; Q20. |
Ano: 1995 |
URL: http://purl.umn.edu/7493 |
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Oniki, Shunji. |
As modern agricultural growth has been attained through increasing use of material input, it is discussed whether agricultural growth can be sustained in the long run within the limit of environmental tolerance. In order to investigate the possibility of growth, this study applies Aghion and Howittfs Schumpeterian growth model, and conducts empirical analyses using rice production panel data from eight regions in Japan for the period 1984 to 1999. Estimation of the translog cost function, which incorporates quality improvement effects, as well as the growth accounting estimation,... |
Tipo: Conference Paper or Presentation |
Palavras-chave: International Development. |
Ano: 2003 |
URL: http://purl.umn.edu/25813 |
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Registros recuperados: 19.182 | |
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