Sustainable development in an aging economy
AbstractIn 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.
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Bibliographic InfoArticle provided by Cambridge University Press in its journal Environment and Development Economics.
Volume (Year): 7 (2002)
Issue (Month): 01 (February)
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Other versions of this item:
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- D90 - Microeconomics - - Intertemporal Choice - - - General
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- Ghorbani, Afshin & Rahimpour, Hamid Reza & Ghasemi, Younes & Zoughi, Somayeh & Rahimpour, Mohammad Reza, 2014. "A Review of Carbon Capture and Sequestration in Iran: Microalgal Biofixation Potential in Iran," Renewable and Sustainable Energy Reviews, Elsevier, vol. 35(C), pages 73-100.
- Gutiérrez Huerta, María José, 2002.
"Dynamic Inefficiency in an Overlapping Generation Economy with Pollution and Health Costs,"
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- Mar�A-José Gutiérrez, 2008. "Dynamic Inefficiency in an Overlapping Generation Economy with Pollution and Health Costs," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 10(4), pages 563-594, 08.
- María José Gutiérrez, 2004. "Dynamic Inefficiency in an Overlapping Generation Economy with Pollution and Health Costs," Economic Working Papers at Centro de Estudios Andaluces E2004/38, Centro de Estudios Andaluces.
- Menz, Tobias & Welsch, Heinz, 2012. "Population aging and carbon emissions in OECD countries: Accounting for life-cycle and cohort effects," Energy Economics, Elsevier, vol. 34(3), pages 842-849.
- Carlotta Balestra & Davide Dottori, 2012.
"Aging society, health and the environment,"
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Springer, vol. 25(3), pages 1045-1076, July.
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