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I construct an overlapping generations model in which (the endogenous) longevity is impeded by the stock of pollution … and promoted by public health spending. I provide an alternative explanation for the so-called environmental Kuznets curve …
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new pieces of knowledge are produced in a R&D sector and used to reduce pollution emissions. Using this model along with a …
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that affect physical and human capital formation, pollution taxes that affect environmental degradation, and regeneration … abatement knowledge relative to pollution. First, either of these two extensions can reverse the prior finding that pollution … tax revenue is more than enough to pay for public abatement R&D. Second, tax distortions and externalities substantially …
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