Sustainable Development in an Aging Economy

Tetsuo Ono, 哲生 小野, テツオ オノ, Yasuo Maeda, 康男 前田 and ヤスオ マエダ

No 32, Discussion Paper from Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University

Abstract: In this paper, we analyze the effects of population aging on economic growth and the environment in a two-period overlapping generations model of growth, aging, and the environment. We show that aging may be beneficial to economic growth and the environment under perfect annuitisation, while possibly harmful under imperfect annuitisation. We also discuss the implications of our results for environmental policy in an aging economy.

Keywords: Population Aging; Overlapping Generations; Economic Growth; Sustainable Development; Environmental Externalities (search for similar items in EconPapers)
JEL-codes: D62 D90 J10 J14 O10 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2001-08
Note: This version: August 2001, This paper is forthcoming in Environment and Development Economics.
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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https://hermes-ir.lib.hit-u.ac.jp/hermes/ir/re/14483/pie_dp32.pdf

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Journal Article: Sustainable development in an aging economy (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:hit:piedp1:32

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