TY  - JOUR
AU  - Brock,William A.
AU  - Taylor,M. Scott
TI  - Economic Growth and the Environment: A Review of Theory and Empirics
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 10854
PY  - 2004
Y2  - October 2004
UR  - http://www.nber.org/papers/w10854
L1  - http://www.nber.org/papers/w10854.pdf
N1  - Author contact info:
William Brock
Department of Economics
University of Wisconsin
1180 Observatory Drive
Madison, WI   537061393
E-Mail: wbrock@ssc.wisc.edu

M. Scott Taylor
IEE Canada Research Chair
Department of Economics
The University of Calgary
2500 University Drive, N.W.
Calgary, AB T2N 1N4
CANADA
Tel: 403/220-8912
Fax: 403/282-5262
E-Mail: mstaylor@ucalgary.ca
AB  - This paper reviews both theory and empirical work on economic growth and the environment. We develop four simple growth models to help us identify key features generating sustainable growth. We show how some combination of technological progress in abatement, intensified abatement, shifts in the composition of national output and induced innovation are necessary for sustainable growth, and then demonstrate how growth models employing any one of these mechanisms generate other potentially refutable predictions on abatement costs, pollution levels, or emission intensities.
ER  -