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David Desmarchelier
''Effect of pollution on the total factor productivity and the Hopf bifurcation''
( 2013, Vol. 33 No.3 )
In a recent contribution, Empora and Mamuneas (2011) find a positive relation between pollution emissions and the total factor productivity (TFP). In the present paper, we show that this positive effect reduces the effect of pollution on the marginal utility of consumption for which a limit cycle occurs.
Keywords: Total factor productivity, Hopf bifurcation
JEL: E3 - Prices, Business Fluctuations, and Cycles: General (includes Measurement and Data)
Q5 - Environmental Economics: General
Manuscript Received : Apr 29 2013 Manuscript Accepted : Sep 11 2013

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