
Impact of Environmental Emissions and Aggregate Economic Activity on Industry
As economic growth continues to rise, so does economic degradation. Though certain rules and regulations do exist, pollution is fast becoming an unpaid factor of production, unlike the remunerations of labour and capital inputs. In this context, the environment is thus used as a factor of production which is not fully compensated.
However, its use in the production process can be accurately capture...
As economic growth continues to rise, so does economic degradation. Though certain rules and regulations do exist, pollution is fast becoming an unpaid factor of production, unlike the remunerations of labour and capital inputs. In this context, the environment is thus used as a factor of production which is not fully compensated.
However, its use in the production process can be accurately capture...