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Optimal Pollution, Optimal Population, and Sustainability

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  • Ulla Lehmijoki
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    Abstract

    This paper develops a long-run consumer optimization model with endogenous pollution and endogenous population. The positive check increases mortality if pollution increases. The optimal path is sustainable if it provides non-decreasing consumption for a non-decreasing population. As usually, optimality and sustainability may conflict; with population endogenous to pollution, this conflict may ultimately lead the human species toward self-imposed extinction. Not even technical progress can warrant sustainability.

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    Bibliographic Info

    Paper provided by DEGIT, Dynamics, Economic Growth, and International Trade in its series DEGIT Conference Papers with number c017_044.

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    Length: 22 pages
    Date of creation: Sep 2012
    Date of revision:
    Handle: RePEc:deg:conpap:c017_044

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    Keywords: sustainable development; mortality; optimal pollution;

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