논문KCI 등재
Environmental Regulation and Economic Growth under Education Externalities
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Abstract
Using an extension of Lucas’ model of endogenous growth with education externality, we show that an environmental tax may increase growth. This is because the tax makes physical capital accumulation less attractive, thereby correcting for the underinvestment by agents in human capital.
참고문헌 (5)
- Bovenberg, "Environmental Quality and Pollution-Augmenting Technological Change in a Two-Sector Endogenous Growth Model", (57), pp.369~391 (1995)
- Forster, "Optimal Capital Accumulation in a Polluted Environment", pp.544~547 (1973)
- "The Trade-Off Between Environmental Care and Long-Term Growth Pollution in Three Prototype Growth Models Journal of Economics", pp.25~51 (1993)
- van der Ploeg, "Sustainable Growth and Renewable Resources in the Global Economy", in(vation) (1994), in C
- Lucas, "On the Mechanism of Economic Development" (1988)
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