|
EconStor >
Leibniz Universität Hannover >
Wirtschaftswissenschaftliche Fakultät, Universität Hannover >
Diskussionspapiere, Wirtschaftswissenschaftliche Fakultät, Universität Hannover >
Please use this identifier to cite or link to this item:
http://hdl.handle.net/10419/22459
|
| | |
| Title: | | Does democratization Benefit the Environment in the long-run in the presence of inequality?  |
| Authors: | | Drosdowski, Thomas |
| Issue Date: | | 2006 |
| Series/Report no.: | | Diskussionspapiere des Fachbereichs Wirtschaftswissenschaften, Universität Hannover 347 |
| Abstract: | | Political Economy may provide an important link between inequality and pollution. This paper studies the dynamic relationship between inequality and redistributive policy leading to differing transitional paths of pollution to the steady state, using a pollution-augmented framework developed by Bénabou and employing numerical simulations. The result indicate that democratisation can be beneficial for the environment in the long run if the share of redistributive transfers devoted to abatement is relatively high. Otherwise, less wealth-biased and more democratic regimes display highest income and pollution levels, differing in transitional path contingent on initial inequality levels. Sustainable developement, defined as non-declining level of utility over time, is achived for a high degree of democracy when initial inequality is low. The representative agent with average wealth does not provide sustainability, which emphasizes the importance of heterogeneity in power and income for sustainability debates. |
| Subjects: | | Pollution Political Economy Sustainability |
| JEL: | | Q5 D72 D31 |
| Document Type: | | Working Paper |
| Appears in Collections: | | Diskussionspapiere, Wirtschaftswissenschaftliche Fakultät, Universität Hannover
|
| |
| | |
Download bibliographical data as:
BibTeX
|
| |
Share on:http://hdl.handle.net/10419/22459
|
Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.
|