Port Environmental Quality or Economic Growth? Their Relevance and Government Preference in Developing Countries

Table 1

Parameters determined by empirical calibration.

No.	Parameters	Description	Value	References
1	Θ	Consumer’s preference for environmental quality	0.3	[22]
2	β	Subjective discount rate	0.9	[23]
3	δ	Depreciation rate	0.2	[24]
4	λ	Government’s environmental quality preference parameter	0.3	[25]
5	ρ	Sustainable parameter of the environment	0.1	[26]
6	η	The impact of the government’s preference for environmental quality	0.2	[27]