Environmental Resources, Public Inputs and Fiscal Constraints
Economic Analysis Review
View Archive InfoField | Value | |
Title |
Environmental Resources, Public Inputs and Fiscal Constraints
Environmental Resources, Public Inputs and Fiscal Constraints |
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Creator |
Chissari, Omar
Navajas, Fernando |
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Subject |
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Description |
We study the consequences of a binding constraint on the level of public expenditures directed at sustaining an environmental resource, which enters as a public input (alongside capital) into the economy-wide production function. As expected, the long run stock of that resource is reduced: however, we also find that the long run capital stock is reduced in a larger proportion. Also, the capital-environmental resource ratio becomes sensitive to changes in the rate of interest.
Environmental Resources, Public Inputs and Fiscal Constraints |
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Publisher |
Universidad Alberto Hurtado - Facultad de Economía y Negocios
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Contributor |
—
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Date |
2010-03-11
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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Format |
application/pdf
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Identifier |
http://www.rae-ear.org/index.php/rae/article/view/260
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Source |
Revista de Análisis Económico - Economic Analysis Review; Vol 5, No 2 (1990); 61-68
Revista de Análisis Económico – Economic Analysis Review; Vol 5, No 2 (1990); 61-68 0718-8870 0716-5927 |
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Language |
eng
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Relation |
http://www.rae-ear.org/index.php/rae/article/view/260/425
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