Reconsidering The Impact of Environment on Long-Run Growth When Pollution Influences Health and Agents Have Finite-Lifetime

Xavier Pautrel ()

No 2006.93, Working Papers from Fondazione Eni Enrico Mattei

Abstract: Using an overlapping generation model à la Blanchard (1985) with human capital accumulation, this article demonstrates that the influence of environment on optimal growth in the long-run may be explained by the detrimental effect of pollution on life expectancy. It also shows that, in such a case, greener preferences are growth- and welfare-improving even if the ability of the agents to learn is independent to pollution and utility is additively separable. Finally, it establishes that it is possible to implement a win-win environmental policy.

Keywords: Growth; Environment; Overlapping Generations; Human Capital; Health (search for similar items in EconPapers)
JEL-codes: E62 I21 O41 Q28 (search for similar items in EconPapers)
Date: 2006-06
New Economics Papers: this item is included in nep-dge, nep-ene, nep-env, nep-hea and nep-mac
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Citations: View citations in EconPapers (12)

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Related works:
Journal Article: Reconsidering the Impact of the Environment on Long-run Growth when Pollution Influences Health and Agents have a Finite-lifetime (2008)
Working Paper: Reconsidering The Impact of Environment on Long-Run Growth When Pollution Influences Health and Agents Have Finite-Lifetime (2006)
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2006.93

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