How Economic Development Influences the Environment

Seema Jayachandran

No 29191, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Reducing global poverty and addressing climate change and other environmental crises are among the most important challenges facing humanity today. This review article discusses one way in which these problems are intertwined: economic development affects the environment. I synthesize recent microempirical research on the environmental effects of economic development in low- and middle-income countries. The studies that I discuss identify the causal effects of specific aspects of economic development such as greater household purchasing power, expanded access to credit, more secure property rights, technological progress, and stronger regulatory capacity. I conclude by outlining some gaps in the literature.

JEL-codes: O13 Q56 (search for similar items in EconPapers)
Date: 2021-08
New Economics Papers: this item is included in nep-cwa, nep-env, nep-fdg and nep-isf
Note: DEV EEE ITI POL
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Citations: View citations in EconPapers (7)

Published as Seema Jayachandran, 2022. "How Economic Development Influences the Environment," Annual Review of Economics, vol 14(1).

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