Optimal Growth when Environmental Quality is a Research Asset

Research output: Working paperResearch

Documents

  • Wp-09-11

    Final published version, 347 KB, PDF document

If environmental quality positively affects the productivity of labor in R&D and pollution is caused by the use of a non-renewable resource, it is socially optimal to postpone extraction and to intertemporally adjust R&D effort.
Original languageEnglish
PublisherEconomic Policy Research Unit. Department of Economics, University of Copenhagen
Number of pages8
Publication statusPublished - 2009

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ID: 16612866