The Environment and Directed Technical Change

This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses “dirty” machines and thus creates environmental degradation. Research can be directed to...

Full description

Bibliographic Details
Main Authors: Acemoglu, Daron, Aghion, Philippe, Bursztyn, Leonardo, Hemous, David
Other Authors: Massachusetts Institute of Technology. Department of Economics
Format: Article
Language:en_US
Published: American Economic Association 2011
Online Access:http://hdl.handle.net/1721.1/61749
https://orcid.org/0000-0003-0908-7491