The environmental s curve with environmental spillovers
He Qiong Wang Zheng School of Mining and Safety Engineering, Institute of Policy and Management, Chinese Hunan University of Science and Technology, Academy of Sciences, Xiangtan, 411201, China Beijing, 100080, China Correspondent e-mail:******@. Abstract—In this paper, we extend Hartman, Kwon(2005) In this paper we extend reference[13] endogenous growth endogenous growth model in a straightforward way to include endogenous technical change. The planner chooses the fraction of model in a straightforward way to include endogenous physical capital to control pollution generated by production technical change. Our objective of the present paper is to output process, human capital and technical capital are produced exmine whether the model is consistent with an cleanly. Under plausible assumptions, there exists the environmental s curve. We assume the production of environmental s curve for realistic parameter values. The physical output generates pollution and that human capital inter-temporal elasticity of substitution plays a very important and technical stock are produced without pollution. It means role to decide the environmental s curve. that human capital and technology can be produced much more cleanly than most types of physical output. We also Keywords-endogenous te