A dynamic general equilibrium model of pollution abatement under learning by doing

作者：Li, Shoude; Pan, Xiaojun^*

来源：Economics Letters, 2014, 122(2): 285-288.

DOI：10.1016/j.econlet.2013.12.002

• General equilibrium
• Pollution abatement
• Learning by doing

In 2013, Beladi et al. constructed a dynamic general equilibrium model of pollution, and characterized a steady-state equilibrium. In this paper, we extend Beladi et al.'s model to an even more general model in which the pollution abatement costs under learning by doing are taken into account. In our model, the instantaneous abatement costs depend on both the rate of abatement and the experience of using a technology. Our objective is to apply optimal control theory to investigate the dynamic general equilibrium model of pollution abatement, and derive the steady-state equilibrium properties and optimal levels of emission permits and pollution treatment.

• 出版日期2014-2
• 单位上海交通大学