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

Table 3

The steady-state value and utility value of variables under different preferences.

(θ, λ)	y	c	k	Q	Q/y	Consumer utility	Government utility
(0.2, 0.05)	2.9229	1.7851	8.5998	7.2225	2.4633	0.8549	1.0199
(0.2, 0.15)	2.9178	1.7601	8.5843	23.8875	8.2079	1.0867	1.2955
(0.2, 0.2)	2.9105	1.7488	8.5356	33.7597	11.5999	1.1342	1.4701
(0.2, 0.25)	2.9011	1.7367	8.4599	44.7198	15.4091	1.2033	1.6629
(0.2, 0.3)	2.8996	1.7265	8.3782	65.2178	22.7812	1.2655	2.0101
(0.05, 0.2)	2.9079	1.7476	8.5223	33.7632	11.5988	0.7059	1.4682
(0.15, 0.2)	2.9101	1.7454	8.5329	33.7591	11.6001	1.0019	1.4683
(0.25, 0.2)	2.9102	1.7479	8.5411	33.7593	11.6005	1.2178	1.4690
(0.3, 0.2)	2.9115	1.7501	8.5501	33.7875	11.5986	1.5952	1.4699