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Can education be good for both growth and the environment?

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  • BRECHET, Thierry

    ()
    (Université catholique de Louvain (UCL). Center for Operations Research and Econometrics (CORE))

  • PRIEUR, Fabien

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.

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Bibliographic Info

Paper provided by Université catholique de Louvain, Center for Operations Research and Econometrics (CORE) in its series CORE Discussion Papers with number 2009019.

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Date of creation: 01 Mar 2009
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Handle: RePEc:cor:louvco:2009019

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Related research

Keywords: overlapping generations; public education; environmental maintenance; green awareness; sustainable growth;

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Cited by:
  1. repec:ipg:wpaper:13 is not listed on IDEAS
  2. Karine Constant & Marion Davin, 2014. "Environmental Policy and Growth in a Model with Endogenous Environmental Awareness," Working Papers halshs-00964540, HAL.
  3. Ingmar Schumacher, 2013. "The endogenous formation of an environmental culture," Working Papers hal-00834151, HAL.
  4. 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.
  5. repec:ipg:wpaper:15 is not listed on IDEAS

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