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The Global Environment, Natural Resources, and Economic Growth$
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Alfred Greiner and Willi Semmler

Print publication date: 2008

Print ISBN-13: 9780195328233

Published to Oxford Scholarship Online: September 2008

DOI: 10.1093/acprof:oso/9780195328233.001.0001

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Concluding Remarks

Concluding Remarks

Chapter:
(p.120) 12 Concluding Remarks
Source:
The Global Environment, Natural Resources, and Economic Growth
Author(s):

Alfred Greiner (Contributor Webpage)

Willi Semmler (Contributor Webpage)

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780195328233.003.0013

This chapter presents some concluding remarks about the economic model presented in Chapters 8-11. Part II of the book studied the interrelation between anthropogenic global warming and economic growth assuming a simple descriptive model of endogenous growth. Using simulations, it was shown that increases in abatement spending may yield a win-win situation. That means a rise in abatement activities both reduces greenhouse gas emissions and raises economic growth. This holds for both the balanced growth rate and for the growth rate of GDP on the transition path.

Keywords:   economic model, global warming, endogenous growth, climate change

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