Calculation of a Population Externality
Henning Bohn () and
University of California at Santa Barbara, Recent Works in Economics from Department of Economics, UC Santa Barbara
It is known that when people generate externalities, a birth also generates an externality and efficiency requires a Pigou tax/subsidy on having children. The size of the externality from a birth is important for studying policy. We calculate the size of this "population externality" in a specific case: we consider a maintained hypothesis that greenhouse gas emissions are a serious problem and assume government reacts by optimally restricting emissions. Calculated population externalities are large under many assumptions.
Keywords: Applied; Economics (search for similar items in EconPapers)
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Journal Article: Calculation of a Population Externality (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:cdl:ucsbrw:qt5cg1k3nd
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