Showing 1 - 10 of 17
This article challenges the conventional result that a tighter environmental tax has no long-run effect on human capital accumulation in the presence of pollution arising from final output production. It demonstrates that the technology used in the abatement sector determines the existence and...
Persistent link: https://www.econbiz.de/10008855841
This article challenges the conventional result that a tighter environmental tax has no long-run effect on human capital accumulation in the presence of pollution arising from final output production. It demonstrates that the technology used in the abatement sector determines the existence and...
Persistent link: https://www.econbiz.de/10009002687
This note shows that the assumptions about the abatement technology modify the impact of the environmental taxation (both the size and the 'direction') on the long-run growth driven by human capital accumulation à la Lucas (1988), when the source of pollution is private consumption and lifetime...
Persistent link: https://www.econbiz.de/10010272499
This article demonstrates that when finite lifetime is introduced in a Lucas (1988) growth model, the environmental policy may enhance growth both in the short- and the long-run, while pollution does not influence educational activities, labor supply is not elastic and human capital does not...
Persistent link: https://www.econbiz.de/10010279434
This article studies how demography affects the outcome of the environmental policy in a macro-economic perspective, incorporating age-earning profiles in an OLG model à la Blanchard (1985) to capture the age structure effect of the demographic shocks. It first demonstrates, conversely to...
Persistent link: https://www.econbiz.de/10010279503
In a two-period overlapping generations model, this paper demonstrates that the relationship between the environmental taxation and the economic activity (level- and growth-output) becomes inverted-U shaped, when the detrimental impact of pollution on health and the private decision of each...
Persistent link: https://www.econbiz.de/10010279573
This article challenges the conventional result that a tighter environmental tax has no long-run effect on human capital accumulation in the presence of pollution arising from final output production. It demonstrates that the technology used in the abatement sector determines the existence and...
Persistent link: https://www.econbiz.de/10010279643
This article investigates the influence of environmental policy on growth assuming that the channel of transmission relies on the link between pollution, health and the survival probability, in an overlapping generations model à la Blanchard (1985) where growth is driven by a mechanism à la...
Persistent link: https://www.econbiz.de/10010312526
that the influence of environment on optimal growth in the long-run may be explained by the detrimental effect of pollution …
Persistent link: https://www.econbiz.de/10010312553
This article studies how demography affects the outcome of the environmental policy in a macro-economic perspective, incorporating age-earning profiles in an OLG model à la Blanchard (1985) to capture the age structure effect of the demographic shocks. It first demonstrates, conversely to...
Persistent link: https://www.econbiz.de/10005012136