2008年9月
Habit formation in an endogenous growth model with pollution abatement activities
JOURNAL OF ECONOMICS
- 巻
- 94
- 号
- 3
- 開始ページ
- 241
- 終了ページ
- 259
- 記述言語
- 英語
- 掲載種別
- 研究論文(学術雑誌)
- DOI
- 10.1007/s00712-008-0015-1
- 出版者・発行元
- SPRINGER WIEN
This paper studies how habit formation in consumption affects pollution abatement activities and the steady-state growth rate, in the context of an endogenous growth model in which agents derive disutility from the habit stock and pollution. The paper also examines how the effect of technological change in abatement on the optimal growth rate is enhanced or weakened by habit formation. We show that if agents persist in and care about their habits, sustained growth is only possible with rapid technological progress.
Web of Science ® 被引用回数 : 4
Web of Science ® の 関連論文(Related Records®)ビュー
- リンク情報
- ID情報
-
- DOI : 10.1007/s00712-008-0015-1
- ISSN : 0931-8658
- Web of Science ID : WOS:000258759600004