Environmental Regulation and Economic Growth under Education Externalities
AbstractUsing an extension of Lucas' model of endogenous growth with education externality, we show that an environmental tax may increase growth. This is because the tax makes physical capital accumulation less attractive, thereby correcting for the underinvestment by agents in human capital.
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Bibliographic InfoPaper provided by Departement d'Economique de la Faculte d'administration à l'Universite de Sherbrooke in its series Cahiers de recherche with number 02-12.
Length: 13 pages
Date of creation: 2002
Date of revision: 2004
Regulation; Environment; Growth; Human Capital;
Other versions of this item:
- Paul Makdissi & Quentin Wodon, 2006. "Environmental Regulation And Economic Growth Under Education Externalities," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 31(1), pages 45-51, June.
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
- Q28 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Government Policy
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-08-13 (All new papers)
- NEP-EDU-2005-08-13 (Education)
- NEP-ENV-2005-08-13 (Environmental Economics)
- NEP-REG-2005-08-13 (Regulation)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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