The Influences of Environmental Expenditure on Economic Growth
| Autor: | Hsueh-ChingChang, 張學清 |
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| Rok vydání: | 2013 |
| Druh dokumentu: | 學位論文 ; thesis |
| Popis: | 101 Economic development leads the population to have a wealthy life; well established environment is associated with sustainable economic growth. This research first looks at the stylized facts of country experiences to find the relationship between environmental expenditure and economic growth. There is no exact relationship between these two variables. Based on endogenous growth model, this research further provides analytical framework to investigate our concerns. Theoretical analysis and numerical simulation find that an increase in the ratio of environmental expenditure of output is associated with faster economic growth. However, as this ratio rises continually, the economic growth becomes slower. Furthermore, the economic growth rates decreases with the time preference rate and the coefficient of risk aversion. The relationship between economic growth and income tax is non-linear. The population is willing to pay more to enjoy good environment and longer life with smaller time preference rates, coefficients of risk aversion, and longer life expectancy at birth. |
| Databáze: | Networked Digital Library of Theses & Dissertations |
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