期刊論文
學年 | 98 |
---|---|
學期 | 1 |
出版(發表)日期 | 2009-09-01 |
作品名稱 | Growth, welfare and transitional dynamics in an endogenously growing economy with abatement labor |
作品名稱(其他語言) | |
著者 | Chen, Jhy-hwa; Shieh, Jhy-yuan; Chang, Juin-jen; Lai, Ching-chong |
單位 | 淡江大學經濟學系 |
出版者 | Amsterdam: Elsevier BV * North-Holland |
著錄名稱、卷期、頁數 | Journal of Macroeconomics 31(3), pp.423-437 |
摘要 | This paper sets up a simple endogenous growth model that highlights the importance of the endogenous labor-leisure choice and the allocation between production labor and abatement labor. We show that, in contrast to the common notion (e.g. [Bovenberg, A.L., Smulders, S., 1996. Transitional impacts of environmental policy in an endogenous growth model. International Economic Review 37, 861–893] and [Bovenberg, A.L., de Mooij, R.A., 1997. Environmental tax reform and endogenous growth. Journal of Public Economics 63, 207–237]), the existence of an environmental production externality is a sufficient (but not necessary) condition for environmental policies to stimulate economic growth if the labor-leisure choice is endogenously determined. In particular, since there are complementarities between public abatement and private abatement, the public abatement expenditure will have a more powerful enhancing effect on economic growth when it is accompanied by more efficient private abatement. This result also leads to a corollary to the effect that it is easier to achieve double dividends in terms of enhancing both growth and welfare if the endogenous labor-leisure choice is taken into account.
 In our dynamic analysis, we show that if public abatement is substantially large, dynamic indeterminacy may occur despite the absence of a positive labor externality and interestingly, this is more likely to be the case when abatement labor plays a more significant role. Besides, the transitional effects of an increase in public abatement are also investigated. |
關鍵字 | Abatement labor;Environmental externality;Public abatement;Double dividends |
語言 | en |
ISSN | 0164-0704 |
期刊性質 | 國外 |
收錄於 | SSCI |
產學合作 | |
通訊作者 | Chen, Jhy-hwa |
審稿制度 | |
國別 | NLD |
公開徵稿 | |
出版型式 | 紙本 |
相關連結 |
機構典藏連結 ( http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/58014 ) |