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Authordc.contributor.authorLópez Vega, Ramón 
Authordc.contributor.authorYoon, Sang W. 
Cita de ítemdc.identifier.citationStructural Change and Economic Dynamics 52 (2020) 22–38es_ES
Abstractdc.description.abstractThis paper examines the feasibility of environmentally sustainable growth in a competitive market economy assuming various types of technological changes affecting pollution emissions and ultimately climate change. We consider two final outputs and two factors of production, accounting for both pollution flow and stock effects. If the initial level of pollution emissions satisfies certain boundary conditions, a Pigouvian pollution tax may assure sustainable growth without any further government intervention. This is true even if exogenous technological change is assumed to benefit exclusively the pollution-intensive industries (the "dirty" sector). A consumers' composition effect (often neglected in the literature), driven by an endogenous change in the relative prices between clean and dirty final goods under an optimal pollution tax, plays a critical role in the structural transformation process to achieve long-run sustainable economic growth.es_ES
Type of licensedc.rightsAttribution-NonCommercial-NoDerivs 3.0 Chile*
Link to Licensedc.rights.uri*
Sourcedc.sourceStructural Change and Economic Dynamicses_ES
Keywordsdc.subjectSustainable developmentes_ES
Keywordsdc.subjectConsumption flexibilityes_ES
Keywordsdc.subjectTechnological changees_ES
Keywordsdc.subjectOptimal pollution taxes_ES
Títulodc.titleSustainable development: Structural transformation and the consumer demandes_ES
Document typedc.typeArtículo de revistaes_ES
Indexationuchile.indexArtículo de publicación ISIes_ES

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Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivs 3.0 Chile