Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/74283
Authors: 
Bella, Giovanni
Year of Publication: 
2006
Series/Report no.: 
Nota di Lavoro, Fondazione Eni Enrico Mattei 28.2006
Abstract: 
Is pollution a dirty word? To answer this question we develop an endogenous growth model à la Rebelo (1991) where dirtiness becomes a fundamental choice variable for the economy to grow. Conclusions to our analysis say that a positive sustainable economic growth is attainable only if polluting production activities are taken into account. Moreover, transitional dynamics points out that local stability and uniqueness of equilibria are also achieved.
Subjects: 
Environmental quality
Endogenous economic growth
Pollution-augmenting technology
JEL: 
O41
Q01
Q32
Document Type: 
Working Paper

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