Croissance et répartition en présence d’investissements environnementaux non désirés
Sustainable development policies can have, inter alia incidences, that to impose on firms investments which otherwise they did not wish to undertake. We show that what is to be fear in the first place, with this type of “forced” investment, is not the decrease of the profitability of capital this is...
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Réseau Développement Durable et Territoires Fragiles
2010-12-01
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Series: | Développement Durable et Territoires |
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Online Access: | https://journals.openedition.org/developpementdurable/8454 |
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author | Laurent Cordonnier Franck Van de Velde Benoît Desmarchelier |
author_facet | Laurent Cordonnier Franck Van de Velde Benoît Desmarchelier |
author_sort | Laurent Cordonnier |
collection | DOAJ |
description | Sustainable development policies can have, inter alia incidences, that to impose on firms investments which otherwise they did not wish to undertake. We show that what is to be fear in the first place, with this type of “forced” investment, is not the decrease of the profitability of capital this is supposed to cause. For the (positive) effect of investment on the effective demand compensates for its (negative) cost effect. The fear is rather that of a significant rise of growth, because of the tension created by the new unproductive capital on production capacities. This rise of growth can be controlled if firms jump at the opportunity (tensions on the outputs) to increase their margins. In this most plausible scenario, an environmental policy passing by forced investments slightly stimulates growth, moderately decreases wage earners consumption in GDP (less than shareholders’), and improve employment. |
format | Article |
id | doaj-art-a15eaab883294475bda4794b5c910214 |
institution | Kabale University |
issn | 1772-9971 |
language | fra |
publishDate | 2010-12-01 |
publisher | Réseau Développement Durable et Territoires Fragiles |
record_format | Article |
series | Développement Durable et Territoires |
spelling | doaj-art-a15eaab883294475bda4794b5c9102142025-02-05T16:34:46ZfraRéseau Développement Durable et Territoires FragilesDéveloppement Durable et Territoires1772-99712010-12-011310.4000/developpementdurable.8454Croissance et répartition en présence d’investissements environnementaux non désirésLaurent CordonnierFranck Van de VeldeBenoît DesmarchelierSustainable development policies can have, inter alia incidences, that to impose on firms investments which otherwise they did not wish to undertake. We show that what is to be fear in the first place, with this type of “forced” investment, is not the decrease of the profitability of capital this is supposed to cause. For the (positive) effect of investment on the effective demand compensates for its (negative) cost effect. The fear is rather that of a significant rise of growth, because of the tension created by the new unproductive capital on production capacities. This rise of growth can be controlled if firms jump at the opportunity (tensions on the outputs) to increase their margins. In this most plausible scenario, an environmental policy passing by forced investments slightly stimulates growth, moderately decreases wage earners consumption in GDP (less than shareholders’), and improve employment.https://journals.openedition.org/developpementdurable/8454sustainable developmentInvestmentconstraintdistributionprofit rateeconomic growth |
spellingShingle | Laurent Cordonnier Franck Van de Velde Benoît Desmarchelier Croissance et répartition en présence d’investissements environnementaux non désirés Développement Durable et Territoires sustainable development Investment constraint distribution profit rate economic growth |
title | Croissance et répartition en présence d’investissements environnementaux non désirés |
title_full | Croissance et répartition en présence d’investissements environnementaux non désirés |
title_fullStr | Croissance et répartition en présence d’investissements environnementaux non désirés |
title_full_unstemmed | Croissance et répartition en présence d’investissements environnementaux non désirés |
title_short | Croissance et répartition en présence d’investissements environnementaux non désirés |
title_sort | croissance et repartition en presence d investissements environnementaux non desires |
topic | sustainable development Investment constraint distribution profit rate economic growth |
url | https://journals.openedition.org/developpementdurable/8454 |
work_keys_str_mv | AT laurentcordonnier croissanceetrepartitionenpresencedinvestissementsenvironnementauxnondesires AT franckvandevelde croissanceetrepartitionenpresencedinvestissementsenvironnementauxnondesires AT benoitdesmarchelier croissanceetrepartitionenpresencedinvestissementsenvironnementauxnondesires |