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Examining a Green Growth Model for Policy Implications

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Authors
Lee, Jisoon
Issue Date
2012-01
Publisher
Institute of Economic Research, Seoul National University
Citation
Seoul Journal of Economics, Vol.25 No.1, pp. 57-87
Keywords
GrowthEnergy usesEnvironmentGreen growthEnvironment (energy or green) taxTechnological progress
Abstract
Utilizing a simple growth model that includes the energy resource

as an essential input, the possibility of a cleaner environment as

well as larger income is demonstrated. Growth rates need not be

lowered to have a cleaner environment, and the energy output ratio

may be reduced. Pollution generated as side effects makes it necessary

for policy makers to come up with suitable policies. In this regard,

several policy options are proposed. Pollution tax (more generally,

an environment tax) and a subsidy for energy and anti-pollution

(environment) related technological progresses are such examples. A

judicious mix of those policies can make income larger, energy usage

smaller, and pollution level lower.
ISSN
1225-0279
Language
English
URI
https://hdl.handle.net/10371/75317
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College of Social Sciences (사회과학대학)Institute of Economics Research (경제연구소)Seoul Journal of EconomicsSeoul Journal of Economics vol.25 no.1~4 (2012)
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