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文章基本信息

  • 标题:Environmental Sustainability with a Pollution Tax
  • 本地全文:下载
  • 作者:López, Ramón E. ; Yoon, Sang W.
  • 期刊名称:Journal of Agribusiness
  • 印刷版ISSN:0738-8950
  • 出版年度:2014
  • 出版社:Journal of Agribusiness
  • 摘要:This paper examines environmentally sustainable growth with reference to climate change assuming two final outputs and two factors of production, accounting for both pollution flow and stock effects. If the elasticity of marginal utility of consumption is greater than one, an optimal pollution tax ensures sustainable growth without any further government intervention. Otherwise, either a high temporal elasticity of substitution in production or consumption is required for sustainability. Even a suboptimal pollution tax may allow sustainable development provided the tax time profile meets certain conditions that are developed and described in this paper.
  • 关键词:sustainable growth;consumption flexibility;technological change;optimal pollution tax
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