Pollution control with positive externality from the government is incorporated in an endogenous growth model with “AK” production function. The result indicate that if consumption and abatement expenditure grows at a constant rate, pollution stock will have smaller growth rate. The growth rate of consumption in a command economy will in general be greater than in a competitive economy. A greater intertemporal elasticity of substitution will result in a lower growth rate only if the household's preference parameter against pollution is sufficiently small. The development strategy of pursuing higher growth rate accompanied by more pollution in the early stage of economic development is economically justifiable. The utility in a wealthier economy is always higher in all stages of development than in a poorer economy, as is the pollution stock, although it may converge in the steady state. Copyright Kluwer Academic Publishers 1994Endogenous growth, pollution control, externalities, sustainable development,
Marine aquaculture development is often constrained due to the difficulty in accommodating the industry within the evolving framework of coastal zone regulatory policy. One contributing problem is the dearth of socioeconomic, environmental, and institutional knowledge. To address this issue, a dynamic multiobjective, multilevel policy model is formulated for net-pen aquaculture development using effluent taxes as a policy instrument. Dynamic policy frontiers are generated by solving the aquacultural sector's problem, embedding the producer's dynamic response within the policy maker's problem, and then parameterizing on policy goals. The frontiers represent economic policy information consistent with the needs of a policy bargaining process. Copyright 1996, Oxford University Press.
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