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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- Gutiérrez Huerta, María José, 2002. "Dynamic Inefficiency in an Overlapping Generation Economy with Pollution and Health Costs," DFAEII Working Papers 2002-23, University of the Basque Country - Department of Foundations of Economic Analysis II.
- Balestra, Carlotta & DOTTORI, Davide, 2009.
"Aging society, health and the environment,"
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2009037, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- 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.
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