Dioikitopoulos, E., Ghosh, S., Karydas, C. et al. (1 more author) (2020) Roads to prosperity without environmental poverty: The role of impatience. Economics Letters, 186. 108870. ISSN 0165-1765
Abstract
This paper advances the hypothesis that impatience negatively depends on environmental quality and aims to explain why some countries stagnate in an ‘environmental and economic poverty trap’. For low levels of environmental quality, advancements in productivity lead impatient agents to direct income increases to consumption (rather than savings), depleting further the environment. Given that productivity increases do not help such economies to escape the trap (contrary to perceived notions), policies should focus on the implementation of behavioral changes.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2019 Elsevier B.V. This is an author produced version of a paper subsequently published in Economics Letters. Uploaded in accordance with the publisher's self-archiving policy. Article available under the terms of the CC-BY-NC-ND licence (https://creativecommons.org/licenses/by-nc-nd/4.0/). |
Keywords: | Time preference; economic growth; environmental poverty traps; economic poverty traps |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > Department of Economics (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 22 Nov 2019 14:15 |
Last Modified: | 15 Dec 2021 16:27 |
Status: | Published |
Publisher: | Elsevier |
Refereed: | Yes |
Identification Number: | 10.1016/j.econlet.2019.108870 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:153796 |