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Transactions: WSEAS TRANSACTIONS ON MATHEMATICS
Transactions ID Number: 28-866
Full Name: Massimiliano Ferrara
Position: Professor
Age: ON
Sex: Male
Address: University Mediterranea of Reggio Calabria -Facullty of Law- Via dei Bianchi, 2 Palazzo Zani 89127 Reggio Calabria
Country: ITALY
Tel: 0039-0965872830
Tel prefix:
Fax: 0039-872861
E-mail address: massimiliano.ferrara@unirc.it
Other E-mails: mferrara@unime.it
Title of the Paper: The Green Solow model with logistic population change
Authors as they appear in the Paper: Massimiliano Ferrara, Luca Guerrini
Email addresses of all the authors: massimiliano.ferrara@unirc.it. guerrini@rimini.unibo.it
Number of paper pages: 10
Abstract: We extend the Solow-Swan model with a logistic-type population growth, introduced by Ferrara and Guerrini (2008), by incorporating technological progress in pollution abatement, in a way similar to Brock and Taylor (2004). Within this framework, we determine the model's solution and prove the economy to be convergent in the long-run. In addition, we investigate sustainable growth and show that this occurs if technological progress in abatement is faster than technological progress in production. Moreover, an environmental Kuznets curve may result along the transition to the balanced growth path.
Keywords: Green Solow, Logistic population, Environmental Kuznets curve
EXTENSION of the file: .pdf
Special (Invited) Session: The Green Solow model with logistic population change
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