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Sustainable development in an aging economy

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Author Info
Ono, Tetsuo
Maeda, Yasuo

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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.

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File URL: http://journals.cambridge.org/abstract_S1355770X02000025
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Publisher Info
Article provided by Cambridge University Press in its journal Environment and Development Economics.

Volume (Year): 7 (2002)
Issue (Month): 01 (February)
Pages: 9-22
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Handle: RePEc:cup:endeec:v:7:y:2002:i:01:p:9-22_00

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  1. 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. [Downloadable!]
    Other versions:
  2. María-José Gutiérrez, 2002. "Dynamic Inefficiency in an Overlapping Generation Economy with Pollution and Health C," DFAEII Working Papers 200223, University of the Basque Country - Department of Foundations of Economic Analysis II, revised 29 Aug 2008. [Downloadable!]
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This page was last updated on 2009-12-15.

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