Technical Report Environmental Policy Effects : An R&D-based Economic Growth Model with Endogenous Labour Supply

Hamaguchi, Yoshihiro

16-06pp.1 - 20 , 2016-04 , Graduate School of Economics and Osaka School of International Public Policy (OSIPP) Osaka University
In this article, we investigate the effect of environmental policy on economic growth using an R&D-based growth model with endogenous labour supply. A government implements a pollution permit as environmental policy. As a result, we conduct a numerical analysis and find that a decrease in pollution permit levels positively effects economic growth.

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