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According to the endogenous economic growth theory, environment improvement policy is the means to promote economic growth. The paper sets the Hamiltonian optimization model with emission tax policy and emission abatement investment policy being endogenous. By mathematical analysis, we find that environment policy can stimulate human capital and technological advances accumulating much faster so as...
The paper sets the Hamiltonian optimization model with emission tax policy and emission abatement investment policy being endogenous. After mathematical analysis, we find that along BGP the contributions of positive growth rate of “clean” human capital and technological advances are big enough to offset the negative effect of the decreasing growth rate of pollution natural resources through the incentives...
This article holds that economic development is a subjective activity of human beings for satisfying their own demand and realizing their own development, therefore, economics is a ldquodiscipline on humanrdquo concerning human demand, human economic activities and human development, but not a pure ldquodiscipline on materialsrdquo studying allocation, movement and mutual relationships of various...
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