R&D, human capital and environmental externality in an endogenous growth model

Daisuke Ikazaki

International Journal of Global Environmental Issues, 2006, vol. 6, issue 1, 29-46

Abstract: This study constructs an endogenous growth model that incorporates the R&D sector, the education sector, and environmental problems. First, environmental impacts are considered. We show that, if government exercises appropriate policies and some parameter restrictions are satisfied, then the per-capita growth rate will become positive in the long run without environmental harm. Secondly, problems related to scale effects are considered. In typical growth models, an economy with a larger population grows faster. However, the scale effect has been rejected by Jones (1995). Our results suggest that the population level does not affect the economic growth rate.

Keywords: sustainable growth; environmental Kuznets curve; EKC; R&D; research and development; human capital; scale effect; economic growth; endogenous growth; education sector; environmental problems; environmental impact; government policy; environmental policy; population level; growth rate; sustainable development; sustainability. (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (7)

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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijgenv:v:6:y:2006:i:1:p:29-46

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