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    Please use this identifier to cite or link to this item: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/24780

    Title: Anticipated Environmental Policy and Transitional Dynamics in an Endogenous Growth Model
    Authors: Chen, Jhy-hwa;Lai, Ching-chong;Shieh, Jhy-yuan
    Contributors: 淡江大學經濟學系
    Keywords: endogenous growth;elastic labor supply;pollution;public abatement
    Date: 2003-06-01
    Issue Date: 2009-11-30 18:36:46 (UTC+8)
    Publisher: Springer
    Abstract: This paper makes a new attempt toinvestigate how an anticipatedenvironmental policy governs the transitionaldynamics of an economy when pollutionexternality is taken into account. Themodeling strategy we use is an AK technologyendogenous growth framework with an endogenousleisure-labor choice. It is found that, unlikeinelastic labor supply framework, a rise inpublic abatement expenditure will stimulate thebalanced economic growth rate. It is alsofound that public abatement technology plays animportant role in determining the transitionaladjustment of the economic growth rate inresponse to a pre-announced environmentalpolicy.
    Relation: Environmental and resource economics 25(2), pp.233-254
    DOI: 10.1023/A:1023976428714
    Appears in Collections:[經濟學系暨研究所] 期刊論文
    [國際企業學系暨研究所] 期刊論文

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