EconPapers    
Economics at your fingertips  
 

Pollution and Growth: The Role of Pension on the Efficiency of Health and Environmental Policies

Armel Ngami and Thomas Seegmuller ()
Additional contact information
Thomas Seegmuller: GREQAM - Groupement de Recherche en Économie Quantitative d'Aix-Marseille - ECM - Ecole Centrale de Marseille - CNRS - Centre National de la Recherche Scientifique - AMU - Aix Marseille Université - EHESS - École des hautes études en sciences sociales

Working Papers from HAL

Abstract: This paper analyses the effect of a pay-as-you-go pension system on the evolution of capital and pollution, and on the efficiency of an environmental versus health policy. In an overlapping generations model (OLG), we introduce endogenous longevity that depends on pollution and health expenditures. Global dynamics may display multiple balanced growth paths (BGP). We show that by discouraging savings, a policy that promotes the pension system enlarges the environmental poverty trap. More surprisingly, the environmental policy has contrasted effects according to the significance of the pension system. If it has a low size, a raise of the environmental policy enlarges the environmental poverty trap and leads to a rise in capital over pollution at the highest stationary equilibrium. In contrast, in economies where intergenerational solidarity is well developed, capital over pollution decreases at the highest BGP. In such a case, the environmental policy does not necessarily lead to a better longevity and growth.

Keywords: pollution; health; pension system; environment; longevity; growth (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-age, nep-dge, nep-ene, nep-env, nep-hea and nep-res
Date: 2018-05
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-01798710
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
https://halshs.archives-ouvertes.fr/halshs-01798710/document (application/pdf)

Related works:
Working Paper: Pollution and Growth: The Role of Pension on the Efficiency of Health and Environmental Policies (2018) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:hal:wpaper:halshs-01798710

Access Statistics for this paper

More papers in Working Papers from HAL
Bibliographic data for series maintained by CCSD ().

 
Page updated 2019-11-03
Handle: RePEc:hal:wpaper:halshs-01798710