Institute for International Economic Studies Seminar paper No . 762 THE ENVIRONMENT AND DIRECTED TECHNICAL CHANGE

Abstract

This paper introduces endogenous and directed technical change in a growth model with environmental constraints. A unique final good is produced by combining inputs from two sectors. One of these sectors uses “dirty” machines and thus creates environmental degradation. Research can be directed to improving the technology of machines in either sector. We… (More)

Topics

3 Figures and Tables

Cite this paper

@inproceedings{Acemoglu2010InstituteFI, title={Institute for International Economic Studies Seminar paper No . 762 THE ENVIRONMENT AND DIRECTED TECHNICAL CHANGE}, author={Daron Acemoglu and Philippe Aghion and Leonardo Bursztyn and David H{\'e}mous}, year={2010} }