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dc.contributor.authorBaumgärtner, Stefanen_US
dc.contributor.authorJöst, Franken_US
dc.contributor.authorWinkler, Ralphen_US
dc.date.accessioned2007-07-24en_US
dc.date.accessioned2009-10-01T15:01:51Z-
dc.date.available2009-10-01T15:01:51Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/28168-
dc.description.abstractWe analyze the optimal dynamic scale and structure of a two-sectoreconomy, where each sector produces one consumption good and one specific pollutant. Both pollutants accumulate at di_erent rates to stocks which damage the natural environment. This acts as a dynamic driving force for the economy. Our analysis shows that along the optimal time-path (i) the overall scale of economic activity may be less than maximal; (ii) the time scale of economic dynamics (change of scale and structure) is mainly determined by the lifetime of pollutants, their harmfulness and the discount rate; and (iii) the optimal control of economic scale and structure may be non-monotonic. These results raise important questions about the optimal design of environmental policies.- Ökonomie <Begriff> , Ökologie , Emission , Wertpapieremission, dynamic economy-environment interaction , multi-pollutant emissions , non-monotonic control , optimal scale , stock pollutionen_US
dc.language.isoengen_US
dc.publisherLeuphana-Univ. Lüneburgen_US
dc.relation.ispartofseriesUniversity of Lüneburg working paper series in economics 50en_US
dc.subject.jelQ20en_US
dc.subject.jelO10en_US
dc.subject.jelO41en_US
dc.subject.ddc330en_US
dc.subject.stwUmweltökonomiken_US
dc.subject.stwMehr-Sektoren-Modellen_US
dc.subject.stwUmweltbelastungen_US
dc.subject.stwSkalenertragen_US
dc.subject.stwIntertemporale Allokationen_US
dc.subject.stwUmweltpolitiken_US
dc.subject.stwTheorieen_US
dc.titleOptimal dynamic scale and structure of a multi-pollution economyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn538099658en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:Working Paper Series in Economics, Leuphana Universität Lüneburg

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