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.
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