Withagen, CeesSmulders, Sjak2013-01-032013-01-032012-10-01https://hdl.handle.net/10986/12080This paper reviews dynamic general equilibrium models in order to collect insights on the interaction between economic growth and environmental issues. The authors discuss the Ramsey model and extend it for natural resource inputs and pollution, as well as for endogenous technical change. Green growth becomes within reach if there is good substitution, a clean backstop technology, a small share of natural resources in gross domestic product, and/or green directed technical change.en-USCC BY 3.0 IGOABATEMENT COSTADVERSE EFFECTSAGGREGATE LEVELAGRICULTUREALLOCATIONALTERNATIVE ENERGYATMOSPHEREBENCHMARKCALCULATIONCAPITAL FORMATIONCAPITAL STOCKSCARBONCARBON CAPTURECARBON CYCLECARBON FOSSIL FUELSCARBON LEAKAGECARBON TAXCARTELCETERIS PARIBUSCLIMATECLIMATE CHANGECLIMATE CHANGE POLICIESCLIMATE DAMAGESCLIMATE POLICYCOCO2COALCONSTANT RETURNS TO SCALECONSUMERSCONSUMPTION LEVELSCOST OF CARBONCOST-BENEFITCROWDING OUTDAMAGE FUNCTIONDAMAGESDEMAND FOR ENERGYDEVELOPED COUNTRIESDEVELOPMENT ECONOMICSDEVELOPMENT POLICYDIFFUSIONDIMINISHING RETURNSDIRECT ABATEMENTDISCOUNT RATEDYNAMIC MODELECOLOGICAL ECONOMICSECOLOGYECONOMETRICSECONOMIC ANALYSISECONOMIC DEVELOPMENTECONOMIC DYNAMICSECONOMIC GROWTHECONOMIC IMPLICATIONSECONOMIC INCENTIVESECONOMIC SECTORSECONOMIC THEORYECONOMICSECONOMICS OF CLIMATE CHANGEECONOMISTSECOSYSTEMEFFICIENCY IMPROVEMENTSELASTICITYELECTRICITYELECTRICITY PLANTSEMISSIONEMISSION CUTSEMISSION REDUCTIONEMISSION REDUCTION POLICIESEMISSION TAXEMISSION TAXESEMISSIONSEMPIRICAL ANALYSISEMPIRICAL STUDIESENERGY ECONOMICSENERGY EFFICIENCYENERGY POLICYENERGY PRICESENERGY PRODUCTIONENERGY SOURCESENERGY USEENVIRONMENTALENVIRONMENTAL ECONOMICSENVIRONMENTAL ISSUESENVIRONMENTAL KUZNETSENVIRONMENTAL POLICIESENVIRONMENTAL POLICYENVIRONMENTAL QUALITYENVIRONMENTAL TAXENVIRONMENTAL TAX REFORMENVIRONMENTAL TAXESENVIRONMENTSEQUILIBRIUMEXCHANGE RATEEXPENDITURESEXPLOITATIONEXTERNALITIESFINANCIAL MARKETSFISHFISH STOCKFISHERIESFIXED COSTSFORESTFORESTSFOSSIL FUELFOSSIL FUELSFUTURE CONSUMPTIONGASGDPGLOBAL CLIMATE CHANGEGLOBAL WARMINGGREEN ACCOUNTINGGREENHOUSEGREENHOUSE GASGREENHOUSE GAS EMISSIONSGROSS DOMESTIC PRODUCTGROWTH MODELSGROWTH OF CONSUMPTIONGROWTH POLICIESGROWTH POLICYGROWTH RATEGROWTH THEORYHARMFUL EMISSIONSHUMAN CAPITALINCOMEINCOME EFFECTINCREASE IN CONSUMPTIONINCREASING RETURNSINDUSTRIALIZATIONINTEREST RATEINTERGENERATIONAL EQUITYLABOR FORCELABOR PRODUCTIVITYLAISSEZ-FAIRELAND ECONOMICSLOW-CARBONLOWER COSTSLOWER PRICESMARGINAL BENEFITSMARGINAL COSTMARGINAL COSTSMARGINAL PRODUCTMARGINAL PRODUCTIVITYMARGINAL PRODUCTSMARGINAL UTILITYMARKET ECONOMYMARKET FAILURESNATURAL CAPITALNATURAL RESOURCE SCARCITYNATURAL RESOURCESNEGATIVE EXTERNALITIESNEGATIVE EXTERNALITYNEGATIVE IMPACTNEGATIVE IMPACTSO3OILOIL RESERVESOLIGOPOLIESOPEN ECONOMIESOPPORTUNITY COSTSPATENTSPER CAPITA CONSUMPTIONPER CAPITA INCOMEPHPOLITICAL ECONOMYPOLLUTIONPOLLUTION CONTROLPOLLUTION TAXPOLLUTION TAXESPOPULATION GROWTHPOSITIVE EXTERNALITIESPPPRICE OF OILPRODUCERSPRODUCTION FUNCTIONPRODUCTION FUNCTIONSPROPERTY RIGHTSPUBLIC ECONOMICSPUBLIC GOODPUBLIC GOODSREGENERATION CAPACITYRENEWABLE ENERGYRENEWABLE RESOURCESRESOURCE CONSERVATIONRESOURCE ECONOMICSRESOURCE MANAGEMENTRESOURCE USESAVINGSSCRUBBERSSEQUESTRATIONSHADOW PRICESTOCK OF CAPITALSUBSTITUTIONSUSTAINABLE DEVELOPMENTSUSTAINABLE GROWTHTECHNOLOGICAL CHANGETECHNOLOGICAL PROGRESSTEMPERATURETIMBERUSE OF CAPITALUTILITY FUNCTIONUTILITY FUNCTIONSWATER TREATMENTWEALTHWELFARE FUNCTIONWILLINGNESS TO PAYWINDWIND ENERGYWIND POWERWorld Bank10.1596/1813-9450-6230