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This paper introduces a natural resource and pollution in a Ramsey growth model which relies on the postulates of ecological economics. It studies the impact of voluntary degrowth policies on… Click to show full abstract
This paper introduces a natural resource and pollution in a Ramsey growth model which relies on the postulates of ecological economics. It studies the impact of voluntary degrowth policies on production and welfare. The instrument of these policies is a tax on the natural resource. These public policies are implemented after the downturn of the households' welfare following from the increased pollution.
Keywords:
degrowth;
optimal versus;
sustainable degrowth;
degrowth policies;
economics;
versus sustainable
Journal Title: Ecological Economics
Year Published: 2017
Link to full text (if available)
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Journal Title: Ecological Economics
Year Published: 2017
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!