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- W1523241396 abstract "The paper introduces environmental considerations and public policies in a Schumpeterian model with vertical innovations and ”creative destruction”. It is shown that environmental policies affect growth through several partial and general equilibrium mechanisms. In particular, they affect profits in the intermediate good sector. Thus through this channel they influence the value of firms, and finally research and growth. These mechanisms lead to a trade-off between environment and growth." @default.
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- W1523241396 date "2000-01-01" @default.
- W1523241396 modified "2023-09-27" @default.
- W1523241396 title "Environmental Policies, Pollution and Growth in a Model with Vertical Innovations" @default.
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