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Pollution, health and economic growth

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  • Tai, Meng-Yi
  • Chao, Chi-Chur
  • Hu, Shih-Wen

Abstract

This paper examines the growth impacts of aid allocation on healthcare and pollution abatement in an endogenous growth model, and finds that the aid tied to them contributes positively to the equilibrium growth rate. Nonetheless, the growth rate can be reduced or even impaired if the ratio of aid on pollution abatement is lowered.

Suggested Citation

  • Tai, Meng-Yi & Chao, Chi-Chur & Hu, Shih-Wen, 2015. "Pollution, health and economic growth," The North American Journal of Economics and Finance, Elsevier, vol. 32(C), pages 155-161.
    • Handle: RePEc:eee:ecofin:v:32:y:2015:i:c:p:155-161
    DOI: 10.1016/j.najef.2015.02.004
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    References listed on IDEAS

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    2. Kornelia Piech, 2022. "Health Care Financing and Economic Performance during the Coronavirus Pandemic, the War in Ukraine and the Energy Transition Attempt," Sustainability, MDPI, vol. 14(17), pages 1-23, August.
    3. Torre, Davide La & Marsiglio, Simone & Mendivil, Franklin & Privileggi, Fabio, 2019. "A stochastic economic growth model with health capital and state-dependent probabilities," Chaos, Solitons & Fractals, Elsevier, vol. 129(C), pages 81-93.
    4. Vyas, Vishal & Mehta, Kiran & Sharma, Renuka, 2023. "The nexus between toxic-air pollution, health expenditure, and economic growth: An empirical study using ARDL," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 154-166.
    5. Caplan, Arthur J. & Oladi, Reza, 2018. "Green competition, hybrid equilibrium, and establishment of a resale market," International Review of Economics & Finance, Elsevier, vol. 58(C), pages 259-269.
    6. Aleksandra Bujacz & Constanze Eib & Susanna Toivanen, 2020. "Not All Are Equal: A Latent Profile Analysis of Well-Being Among the Self-Employed," Journal of Happiness Studies, Springer, vol. 21(5), pages 1661-1680, June.
    7. Haider Mahmood, 2020. "CO2 Emissions, Financial Development, Trade, and Income in North America: A Spatial Panel Data Approach," SAGE Open, , vol. 10(4), pages 21582440209, October.

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    More about this item

    Keywords

    Foreign aid; Pollution abatement; Health; Economic growth; E10; F35;
    All these keywords.

    JEL classification:

    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • F35 - International Economics - - International Finance - - - Foreign Aid

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