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Endogenous Wealth And Environment Based On The Solow Model With Gender Division Of Labor And Leisure

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  • WEI-BIN ZHANG

Abstract

This study builds a model of economic growth with capital accumulation, environmental change and gender time distribution between work and home production/leisure. The paper integrates the growth mechanism in the Solow growth theory and the environmental dynamics in environmental economics in a compact framework (Solow, 1956; Ploude, 1972). The integration is made by applying an alternative approach proposed by Zhang (1993). The model describes a dynamic interdependence among physical accumulation, environmental change and gender division of labor and leisure under perfect competition with environmental taxes on production, wealth income, wage income and consumption. We also simulate the model to show the dynamic paths of the system. We conduct comparative dynamic analyses with regard to woman’s human capital, the population, and environmental tax on consumption.

Suggested Citation

  • Wei-Bin Zhang, 2014. "Endogenous Wealth And Environment Based On The Solow Model With Gender Division Of Labor And Leisure," Journal of Academic Research in Economics, Spiru Haret University, Faculty of Accounting and Financial Management Constanta, vol. 6(1 (March)), pages 7-31.
    • Handle: RePEc:shc:jaresh:v:6:y:2014:i:1:p:7-31
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    Cited by:

    1. Wei-Bin Zhang, 2015. "The Dynamics of Wealth, Environment and Land Value in a Three-Sector Growth Model," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 13(2), pages 197-228.

    More about this item

    Keywords

    economic growth; environmental change; environmental policies; pollution through consumption and production; gender division of work and leisure.;
    All these keywords.

    JEL classification:

    • O41 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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