An optimal decay model ; Un modèle de décroissance optimale
In the context of a growth model in Ramsey with natural resource and pollution and based on certain assumptions of the ecological economy, this paper examines the effects of voluntary decay policies on production and well-being. The instrument of these policies is a tax levied on the natural resource. These policies are implemented by the public authorities as a result of the shift in the utility function of households caused by increased pollution. Compared to the situation of leave to do, their result is both to reduce production and pollution on the one hand and to increase welfare on the other. A later reaction by public authorities following the shift in the utility function of households means that the taxation of the natural resource must be higher in the first periods. If the authorities' preference for the future is greater, then the utility gains due to the decay policy are lower for the first generations of dynasty and higher for the subsequent generations. The impact of technical progress saving the resource or improving the treatment of pollution is also analysed. ; With the help of a growth model à la Ramsey with a natural resource and pollution and relying on postulates of ecological economics, this paper studies the impact of voluntary degrowth policies on production and welfare. The instrument of these policies is a tax levied on the natural resource. These policies are assumed to be applied by the public authorities after the downturn of the households'utility function due to the increase of pollution. With respect to the laisser-faire situation, their impact is to simultaneously decrease production and pollution on the one hand and increase welfare on the other. A delayed reaction of the public authorities after the turnover of the households'utility function implies a higher tax rate on the resource during the first periods. If the authorities'preference for the future is higher, then welfare gains from the degrowth policy are lower for the first generations of the dynasty and higher for the ...