On the optimal control of pollution in a human capital growth model

On the one hand, the adoption of polluting technologies can enhance the factor productivity; on the other hand, pollution lowers the stock of human capital by weakening physical and mental performances, and short-ening the life expectancy at the end. To capture the impact of pollution on economic growth, we compute the optimal policy in an endogenous growth model `a la Lucas (1988) and we study the effects of pollution in the short and the long run.

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Year of publication:	2013
Authors:	Bosi, Stefano ; Ragot, Lionel
Institutions:	EconomiX, Université Paris Ouest-Nanterre la Défense (Paris X)
Subject:	pollution \| human capital \| endogenous growth

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Extent:	application/pdf
Series:	EconomiX Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 2013-25 16 pages
Classification:	D90 - Intertemporal Choice and Growth. General ; J24 - Human Capital; Skills; Occupational Choice; Labor Productivity
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10010691867