Can education be good for both growth and the environment?
AbstractWe 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.
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Bibliographic InfoPaper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2009019.
Date of creation: 01 Mar 2009
Date of revision:
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overlapping generations; public education; environmental maintenance; green awareness; sustainable growth;
Other versions of this item:
- Prieur, Fabien & Bréchet, Thierry, 2013. "Can Education Be Good For Both Growth And The Environment?," Macroeconomic Dynamics, Cambridge University Press, vol. 17(05), pages 1135-1157, July.
- 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
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- D91 - Microeconomics - - Intertemporal Choice - - - Intertemporal Household Choice; Life Cycle Models and Saving
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-03-28 (All new papers)
- NEP-DGE-2010-03-28 (Dynamic General Equilibrium)
- NEP-EDU-2010-03-28 (Education)
- NEP-ENV-2010-03-28 (Environmental Economics)
- NEP-FDG-2010-03-28 (Financial Development & Growth)
- NEP-RES-2010-03-28 (Resource Economics)
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- repec:ipg:wpaper:13 is not listed on IDEAS
- Karine Constant & Marion Davin, 2014.
"Environmental Policy and Growth in a Model with Endogenous Environmental Awareness,"
- 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.
- Ingmar Schumacher, 2013.
"The endogenous formation of an environmental culture,"
- Ingmar Schumacher, 2013. "The endogenous formation of an environmental culture," CEEES Paper Series CE3S-04/13, European University at St. Petersburg, Department of Economics.
- Ingmar Schumacher, 2013. "The endogenous formation of an environmental culture," Working Papers 2013-013, Department of Research, Ipag Business School.
- Benteng Zou & Ingmar Schumacher, 2013.
"Threshold Preferences and the Environment,"
CREA Discussion Paper Series
13-14, Center for Research in Economic Analysis, University of Luxembourg.
- Ingmar Schumacher & Benteng Zou, 2013. "Threshold Preferences and the Environment," Working Papers 2013-015, Department of Research, Ipag Business School.
- Ingmar Schumacher & Benteng Zou, 2013. "Threshold Preferences and the Environment," Working Papers 484, Bielefeld University, Center for Mathematical Economics.
- Ingmar Schumacher & Benteng Zou, 2013. "Threshold Preferences and the Environment," Working Papers hal-00850543, HAL.
- repec:ipg:wpaper:15 is not listed on IDEAS
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