Sustainable Development in an Aging Economy
AbstractIn this paper, we analyze the effects of population aging on economic growth and the environment in a two-period overlapping generations model of growth, aging, and the environment. We show that aging may be beneficial to economic growth and the environment under perfect annuitisation, while possibly harmful under imperfect annuitisation. We also discuss the implications of our results for environmental policy in an aging economy.
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Bibliographic InfoPaper provided by Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University in its series Discussion Paper with number 32.
Length: 18,  p.
Date of creation: Aug 2001
Date of revision:
Note: This version: August 2001, This paper is forthcoming in Environment and Development Economics.
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Population Aging; Overlapping Generations; Economic Growth; Sustainable Development; Environmental Externalities;
Other versions of this item:
- J10 - Labor and Demographic Economics - - Demographic Economics - - - General
- J14 - Labor and Demographic Economics - - Demographic Economics - - - Economics of the Elderly; Economics of the Handicapped; Non-Labor Market Discrimination
- O10 - Economic Development, Technological Change, and Growth - - Economic Development - - - General
- D62 - Microeconomics - - Welfare Economics - - - Externalities
- D90 - Microeconomics - - Intertemporal Choice - - - General
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- Carlotta Balestra & Davide Dottori, 2012.
"Aging society, health and the environment,"
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- Menz, Tobias & Welsch, Heinz, 2012. "Population aging and carbon emissions in OECD countries: Accounting for life-cycle and cohort effects," Energy Economics, Elsevier, vol. 34(3), pages 842-849.
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