Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5050671 | Ecological Economics | 2011 | 10 Pages |
Abstract
⺠We model the world economy with climate interaction. ⺠Endogenous technological change does not affect optimal carbon stocks. ⺠We prove existence of a Green Golden Rule. ⺠Positive emission feed-back from wetlands matters for optimal climate policy.
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Authors
Georg Müller-Fürstenberger, Gunter Stephan,