| 来源类型 | FEEM working papers "Note di lavoro" series
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| 规范类型 | 论文
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| Pollution, Health and Life Expectancy: How Environmental Policy Can Promote Growth |
| Xavier Pautrel
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| 发表日期 | 2007
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| 出处 | Climate Change and Sustainable Development
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| 出版年 | 2007
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| 语种 | 英语
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| 摘要 | This article investigates the influence of environmental policy on growth assuming that the channel of transmission relies on the link between pollution, health and the survival probability, in an overlapping generations model à la Blanchard (1985) where growth is driven by a mechanism à la Romer (1986). We demonstrate that environmental policy has an ambiguous effect on growth in the steady-state when the detrimental impact of pollution on health and lifetime is taken into account: for low levels of taxation, environmental policy promotes growth while it is harmful to growth for high levels. Furthermore, we show that the environmental policy is more likely to promote growth (i.e. it stimulates growth for a wider range of environmental taxes) when public expenditures in health and/or the impact of pollution on health are important. Finally, using numerical simulations, we find that for the value of parameters chosen the environmental policy will be more likely to harm growth when agents smooth consumption over time. |
| 关键词 | Growth,Environment,Overlapping generations
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| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/pollution-health-and-life-expectancy-how-environmental-policy-can-promote-growth/
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| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
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| 资源类型 | 智库出版物
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| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117514
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推荐引用方式
GB/T 7714 |
Xavier Pautrel. Pollution, Health and Life Expectancy: How Environmental Policy Can Promote Growth. 2007.
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文件名：
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NDL2007-096.pdf
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格式：
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Adobe PDF
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