@article{Teles_Arraes_2019, title={ENVIRONMENTAL PROTECTION AND ECONOMIC GROWTH}, volume={37}, url={https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/49287}, DOI={10.22456/2176-5456.49287}, abstractNote={This paper explores the link between environmental policy and<br />economic growth by employing an extension of the AK Growth Model. We<br />include a state equation for renewable natural resources. We<br />assume that the change in environmental regulations induces<br />costs and that economic agents also derive some utility from<br />capital stock accumulation vis-a-vis the environment.<br />Using the Hopf bifurcation theorem, we show that cyclical<br />environmental policy strategies are optimal, providing<br />theoretical support for the Environmental Kuznets Curve.}, number={73}, journal={Análise Econômica}, author={Teles, Vladimir Kuhl and Arraes, Ronaldo}, year={2019}, month={ago.} }