Ak Growth Model Environmental Kuznets Curve Hopf Bifurcation
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1. Environmental protection and economic growth
This paper explores the link between environmental policy and economic growth by employing an extension of the AK Growth Model. We include a state equation for renewable natural resources. We assume that the change in environmental regulations induces costs and that economic agents also derive some utility from capital stock accumulation vis-`a-vis the envir
Publicado em: 24/08/2009