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Green growth -- lessons from growth theory

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  • Smulders, Sjak
  • Withagen, Cees

Abstract

This paper reviews dynamic general equilibrium models in order to collect insights on the interaction between economic growth and environmental issues. The authors discuss the Ramsey model and extend it for natural resource inputs and pollution, as well as for endogenous technical change. Green growth becomes within reach if there is good substitution, a clean backstop technology, a small share of natural resources in gross domestic product, and/or green directed technical change.

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  • Smulders, Sjak & Withagen, Cees, 2012. "Green growth -- lessons from growth theory," Policy Research Working Paper Series 6230, The World Bank.
    • Handle: RePEc:wbk:wbrwps:6230
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    Cited by:

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    2. Elliott, Robert J.R. & Lindley, Joanne K., 2017. "Environmental Jobs and Growth in the United States," Ecological Economics, Elsevier, vol. 132(C), pages 232-244.
    3. Toman,Michael A., 2012. "Green Growth : an exploratory review," Policy Research Working Paper Series 6067, The World Bank.
    4. Dechezlepretre, Antoine & Martin, Ralf & Mohnen, Myra, 2014. "Knowledge spillovers from clean and dirty technologies," LSE Research Online Documents on Economics 60501, London School of Economics and Political Science, LSE Library.
    5. Jing Han & Xi Chen & Yawen Sun, 2021. "Technology or Institutions: Which Is the Source of Green Economic Growth in Chinese Cities?," Sustainability, MDPI, vol. 13(19), pages 1-20, October.
    6. VARDAR, N. Baris, 2013. "Imperfect resource substitution and optimal transition to clean technologies," LIDAM Discussion Papers CORE 2013072, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    7. Janser, Markus, 2018. "The greening of jobs in Germany : First evidence from a text mining based index and employment register data," IAB-Discussion Paper 201814, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].

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    Keywords

    Environmental Economics&Policies; Economic Theory&Research; Political Economy; Climate Change Economics; Climate Change Mitigation and Green House Gases;
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