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- W3148172300 abstract "his comment to Ingo Walter1 Charles Pearson2 suggests that the potential increase in productivity due to an improvement in environmental quality may reverse the findings on the effects of environmental policy on international specialization. Specifically he suggests that the productivity effect may outweigh the resource effect and that consequently the transformation may shift outward beyond the original curve. Prima facie this result seems to be consistent with common sense; this comment, however, shows that in a general equilibrium setting the productivity effect cannot be greater than the withdrawal effect. (i) In arguing with a net transformation curve one should realize that in a general equilibrium approach the transformation shifts with a set of variables. Take a one-resource world3 and define inverse functions to the production function (input functions) as" @default.
- W3148172300 created "2021-04-13" @default.
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- W3148172300 date "1975-01-01" @default.
- W3148172300 modified "2023-09-24" @default.
- W3148172300 title "Resource withdrawal, productivity effect and environmental policy: comment" @default.
- W3148172300 hasPublicationYear "1975" @default.
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