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• W337500995 abstract "I model an economy where the adverse health effects of pollution impede labour productivity and capital accumulation is the source of economic growth. Pollution is generated by firms that choose whether to employ a dirty technology and pay an environmental tax, or employ a clean technology and incur the cost of its adoption. The task of inspecting the environmental impact of each firm’s production technology is delegated to bureaucrats who are corruptible since they receive bribes in order to mislead authorities on the firms’ actual technology choice. The model can generate multiple steady state equilibria. In this context, the multiplicity of equilibria is associated with indeterminacy, due to the self-fulfilling nature of corruption incentives and the relevant implications for pollution, productivity and economic growth." @default.
• W337500995 created "2016-06-24" @default.
• W337500995 creator A5030895991 @default.
• W337500995 date "2013-09-01" @default.
• W337500995 modified "2023-09-27" @default.
• W337500995 title "Economic Growth, Health, and the Choice of Polluting Technologies: The Role of Bureaucratic Corruption" @default.
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• W337500995 hasPublicationYear "2013" @default.
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