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Can Education Be Good For Both Growth And The Environment?

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  • Prieur, Fabien
  • Bréchet, Thierry

Abstract

We develop an overlapping generations model of growth and the environment with public policy on education. Beyond the traditional mechanisms through which knowledge, growth and the environment interplay, we stress out the role played by education on environmental awareness. Assuming first that environmental awareness is constant, we show the existence of a balanced growth path along which environmental quality increases continually. Then, if education enhances environmental awareness, the equilibrium properties are modi?ed: the economy can reach a steady state or converge to an asymptotic balanced growth path. Therefore, education does not necessarily promote sustained and sustainable growth.

(This abstract was borrowed from another version of this item.)

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Bibliographic Info

Article provided by Cambridge University Press in its journal Macroeconomic Dynamics.

Volume (Year): 17 (2013)
Issue (Month): 05 (July)
Pages: 1135-1157

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Handle: RePEc:cup:macdyn:v:17:y:2013:i:05:p:1135-1157_00

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Cited by:
  1. Ingmar Schumacher, 2013. "The endogenous formation of an environmental culture," Working Papers 2013-013, Department of Research, Ipag Business School.
  2. repec:ipg:wpaper:15 is not listed on IDEAS
  3. Karine Constant & Marion Davin, 2014. "Environmental Policy and Growth in a Model with Endogenous Environmental Awareness," AMSE Working Papers 1405, Aix-Marseille School of Economics, Marseille, France, revised Mar 2014.
  4. Ingmar Schumacher & Benteng Zou, 2013. "Threshold Preferences and the Environment," Working Papers 2013-015, Department of Research, Ipag Business School.
  5. repec:ipg:wpaper:13 is not listed on IDEAS

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