Optimal Pollution, Optimal Population, and Sustainability
Ulla Lehmijoki ()
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Ulla Lehmijoki: University of Helsinki and HECER
A chapter in Green Growth and Sustainable Development, 2013, pp 31-47 from Springer
Abstract:
Abstract This paper develops a long-run consumer optimization model with endogenous pollution and endogenous population. The positive check increases mortality if pollution increases. The optimal path is sustainable if it provides non-decreasing consumption for a non-decreasing population. As usually, optimality and sustainability may conflict; with population endogenous to pollution, this conflict may ultimately lead the human species toward self-imposed extinction. Not even technical progress can warrant sustainability.
Keywords: Capita Consumption; Technical Progress; Particulate Matter; Capita Emission; Pollution Stock (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:dymchp:978-3-642-34354-4_2
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DOI: 10.1007/978-3-642-34354-4_2
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