Go to main content
Did you know? By making a gift to AgEcon Search, you are helping ensure that our small non-profit continues to provide free full-text access to 15,000 visitors a day from 170+ countries
Format
BibTeX
MARCXML
TextMARC
MARC
DublinCore
EndNote
NLM
RefWorks
RIS

Files

Abstract

The simple fact that environmental resources are endowments is found to have profound effects on their patterns of allocation with changes in income, population, and income inequality. For broad classes of theoretical models, and in Pareto efficient as well as decentralized economies, environmental quality is found to follow a U-shaped pattern with rising income. We examine population changes and variations in income inequality, and also find U-shaped patterns of behavior. Importantly, the marginal rate of substitution between consumption and environmental quality can generally be expected to rise monotonically with rising income. These results are found to have important policy implications.

Details

PDF

Statistics

from
to
Export
No data available.2024-042024-072024-092024-122025-040123456789101112132024-042024-072024-092024-122025-04downloads
Download Full History