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Environmental Regulation And Economic Growth Under Education Externalities

Author

Listed:
  • Paul Makdissi

    (Departement d economique and GREDI, Universite de Sherbrooke)

  • Quentin Wodon

    (World Bank)

Abstract

Using 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.

Suggested Citation

  • 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.
  • Handle: RePEc:jed:journl:v:31:y:2006:i:1:p:45-51
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    Cited by:

    1. Michael Appiah & Mingxing Li & Stephen Taiwo Onifade & Bright Akwasi Gyamfi, 2024. "Investigating institutional quality and carbon mitigation drive in Sub-Saharan Africa: Are growth levels, energy use, population, and industrialization consequential factors?," Energy & Environment, , vol. 35(4), pages 2031-2057, June.
    2. Ouyang, Xiaoling & Li, Qiong & Du, Kerui, 2020. "How does environmental regulation promote technological innovations in the industrial sector? Evidence from Chinese provincial panel data," Energy Policy, Elsevier, vol. 139(C).
    3. Azmat Gani, 2012. "The Relationship Between Good Governance And Carbon Dioxide Emissions: Evidence From Developing Economies," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 37(1), pages 77-93, March.
    4. Pene Kalulumia & Denis Bolduc, 2004. "Generalized Mixed Estimation Of A Multinomial Discretecontinuous Choice Model For Electricity Demand," Cahiers de recherche 04-01, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.
    5. Petr Hanel, 2003. "Impact Of Government Support Programs On Innovation By Canadian Manufacturing Firms," Cahiers de recherche 04-02, Departement d'économique de l'École de gestion à l'Université de Sherbrooke.

    More about this item

    Keywords

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    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O13 - Economic Development, Innovation, 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

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