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Economic dynamics with renewable resources and pollution

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  • معلومة اضافية
    • Contributors:
      Centre d'Etudes des Politiques Economiques (EPEE); Université d'Évry-Val-d'Essonne (UEVE)-Université Paris-Saclay; Institute of Mathematics and Applied Science (TIMAS); IPAG Business School; Centre d'économie de la Sorbonne (CES); Université Paris 1 Panthéon-Sorbonne (UP1)-Centre National de la Recherche Scientifique (CNRS); Paris School of Economics (PSE); Université Paris 1 Panthéon-Sorbonne (UP1)-École normale supérieure - Paris (ENS-PSL); Université Paris sciences et lettres (PSL)-Université Paris sciences et lettres (PSL)-École des hautes études en sciences sociales (EHESS)-École des Ponts ParisTech (ENPC)-Centre National de la Recherche Scientifique (CNRS)-Institut National de Recherche pour l’Agriculture, l’Alimentation et l’Environnement (INRAE); Thuongmai University; Partenaires INRAE; Université Paris 1 Panthéon-Sorbonne (UP1); Dam and Ha-Huy thank the LABEX MME-DII, France (ANR-11-LBX-0023-01) forsupport during the writing of this article. This article is finished during theperiod Ha-Huy worked asdéléguéin the Theoretical Economics Team UMR8545 at CNRS, Paris School of Economics (campus Jourdan).; ANR-11-LABX-0023,MME-DII,Modèles Mathématiques et Economiques de la Dynamique, de l'Incertitude et des Interactions(2011)
    • بيانات النشر:
      HAL CCSD
      Elsevier
    • الموضوع:
      2020
    • Collection:
      Université Paris 1 Panthéon-Sorbonne: HAL
    • نبذة مختصرة :
      International audience ; This article considers a two-sector economy with externalities. In particular, the analysis involves an industrial sector whose polluting production activities have negative effects on the regeneration of a natural resource in the other sector. Without convexity or supermodularity, we prove that the economy evolves to increase the net gain of stock (a similar notion to the net gain of investment in Kamihigashi and Roy (2007)), and establish the conditions ensuring the convergence of the economy in the long run.
    • Relation:
      hal-03261262; https://hal-paris1.archives-ouvertes.fr/hal-03261262; https://hal-paris1.archives-ouvertes.fr/hal-03261262/document; https://hal-paris1.archives-ouvertes.fr/hal-03261262/file/S0165489620300780.pdf; PII: S0165-4896(20)30078-0
    • الرقم المعرف:
      10.1016/j.mathsocsci.2020.08.002
    • Rights:
      http://creativecommons.org/licenses/by-nc/ ; info:eu-repo/semantics/OpenAccess
    • الرقم المعرف:
      edsbas.44A05201