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Автор GREINER, ALFRED
Дата выпуска 2004
dc.description This paper studies the effects of global warming in a descriptive model of endogenous growth. It is assumed that deviations from the pre-industrial global surface temperature negatively affect aggregate output. The paper studies the effects of varying the tax rate and of different abatement activities on the emission of greenhouse gases and on the growth rate. We study both effects for the long-run balanced growth rate and for the growth rate of GDP on the transition path. Using simulations, it is demonstrated that higher abatement activities may both reduce greenhouse gas emissions and lead to higher growth. Further, the second-best abatement share is computed and the corresponding growth rate as well as the social optimum.
Издатель Cambridge University Press
Название Anthropogenic climate change in a descriptive growth modelI thank Peter Flaschel and Norbert Schütt as well as three referees for valuable comments which help to improve the paper.
DOI 10.1017/S1355770X04001536
Electronic ISSN 1469-4395
Print ISSN 1355-770X
Журнал Environment and Development Economics
Том 9
Первая страница 645
Последняя страница 662
Аффилиация GREINER ALFRED; Bielefeld University
Выпуск 5

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