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Education and the Political Economy of Environmental Protection

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  • Natacha Raffin

    ()
    (EEP-PSE - Ecole d'Économie de Paris - Paris School of Economics - Ecole d'Économie de Paris, CES - Centre d'économie de la Sorbonne - CNRS : UMR8174 - Université Paris 1 - Panthéon-Sorbonne)

Abstract

We develop a political economy model that might explain the different environmental performance of countries, through educational choices. Individuals decide whether to invest in additional education according to their expectations regarding future environmental quality. They also vote on a tax that will be exclusively used to finance environmental protection. We show that the model may generate multiple equilibria and agents' expectations may be self-fulfilling when the public policy is endogenous. Then, we analyse the long-term implications of a public policy that would favour education and make it possible to select the higher equilibrium.

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Bibliographic Info

Paper provided by HAL in its series Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) with number halshs-00492178.

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Date of creation: May 2010
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Handle: RePEc:hal:cesptp:halshs-00492178

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Related research

Keywords: Environmental quality; human capital; education; self-fulfilling prophecies; public policy.;

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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Multiple equilibria in environmental policy
    by Economic Logician in Economic Logic on 2010-07-02 14:21:00
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Cited by:
  1. Emeline Bezin, 2013. "The dynamics of environmental concern and the evolution of pollution," Working Papers SMART - LERECO 201309, INRA UMR SMART.

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