Economic dynamics with renewable resources and pollution - Université d'Évry Access content directly
Journal Articles Mathematical Social Sciences Year : 2020

Economic dynamics with renewable resources and pollution

Abstract

This article considers a two-sector economy with externalities. In particular, the analysis involves an industrial sector whose polluting production activities have negative effects on the regeneration of a natural resource in the other sector. Without convexity or supermodularity, we prove that the economy evolves to increase the net gain of stock (a similar notion to the net gain of investment in Kamihigashi and Roy (2007)), and establish the conditions ensuring the convergence of the economy in the long run.
Fichier principal
Vignette du fichier
Manuscrit.pdf (663.76 Ko) Télécharger le fichier
Origin : Files produced by the author(s)

Dates and versions

hal-04131071 , version 1 (16-06-2023)

Licence

Attribution - NonCommercial

Identifiers

Cite

My Dam, Thai Ha-Huy, Cuong Le Van, Thi Tuyet Mai Nguyen. Economic dynamics with renewable resources and pollution. Mathematical Social Sciences, 2020, 108, pp.14-26. ⟨10.1016/j.mathsocsci.2020.08.002⟩. ⟨hal-04131071⟩
208 View
44 Download

Altmetric

Share

Gmail Facebook X LinkedIn More