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A simple endogenous growth model with endogenous fertility and environmental concern

Bibliographic Data

ID10492406
AuthorsSimone Marsiglio (0000-0003-2540-4338, University of Wollongong, corresponding author)
Year2017
Volume64
Issue3
Pages263-282
Publication date2017-02-20
Open AccessYes
TypeARTICLE
VenueScottish Journal of Political Economy (JOURNAL)
Journal identifiersISSN: 0036-9292 • E-ISSN: 1467-9485
PublisherWiley (PUBLISHER • GB)
DOI10.1111/sjpe.12125
OpenAlexW2590537621
LanguageEN
Citations received1
References cited45

We analyze the implications of endogenous fertility choices on both economic and environmental performances in a stylized AK‐type growth model. Differently from what traditionally assumed in the growth and environment literature, we allow pollution to be not only a by‐product of productive activities by firms but also a result of households’ behavior, as suggested by the celebrated IPAT equation. We show that along the balanced growth path equilibrium, economic growth may be non‐monotonically related to the population growth rate as agents care for the environment; moreover, demographic policies can be used both to achieve win‐win outcomes (simultaneously fostering economic growth and improving environmental quality) and to stabilize the otherwise non‐monotonic economic and population growth relationship

Biology · Economic growth · Economics · Endogenous growth theory · Environmental pollution · Environmental quality · Fertility · Human capital · Macroeconomics · Microeconomics · Overlapping generations model · Population · Population growth · Stylized fact · Climate Change Policy and Economics · Ecology · Environmental Science · Fiscal Policy and Economic Growth · Sustainable Development and Environmental Policy

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Citations per year0.2
Citation span2021 - 2021 (1)
Highly citedNo

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