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both cases the decentralized outcome is not optimal due to two externalities: one occurs in the individual decision on … is qualitatively different. The different types of population externalities require different policy instruments in order …
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the relationships between population development, economic dynamics and environmental pollution are complex due to various … long-run steady state is optimal that is characterized by a stable pollution stock, and by population and economic growth …
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The IPAT-model developed by Ehrlich and Holdren is widespread in ecological economics in order to quantify the impact of population growth on environmental deterioration. We comment on this model and extensions proposed by several authors from a theoretical and empirical point of view.
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