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Using a time-separable utility function where leisure is introduced through the disutility of working time and is adjusted for quality, as measured by human capital to capture home production, we demonstrate that the environmental policy is harmful for growth. A tighter environmental tax reduces...
Persistent link: https://www.econbiz.de/10014200322
This note shows that the assumptions about the abatement technology modify the impact of the environmental taxation (both the size and the “direction”) on the long-run growth driven by human capital accumulation à la Lucas (1988), when the source of pollution is private consumption and...
Persistent link: https://www.econbiz.de/10014202489
This article demonstrates that when finite lifetime is introduced in a Lucas (1988) growth model, the environmental policy may enhance growth both in the short- and the long-run, while pollution does not influence educational activities, labor supply is not elastic and human capital does not...
Persistent link: https://www.econbiz.de/10014216461
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...
Persistent link: https://www.econbiz.de/10014223126
This article investigates how environmental tax impacts growth driven by education when pollution arises from output production. It challenges the results found in the existing literature by highlighting the role played by technology of production, leisure specification and consumer preferences....
Persistent link: https://www.econbiz.de/10014143134
We build a model that takes into consideration the evolution of health over the life cycle and its consequences on individual optimal choices. In this framework, the effects of environmental taxation are not limited to the traditional negative crowding-out and positive productivity effects. We...
Persistent link: https://www.econbiz.de/10014145282
This note shows that the assumptions about the abatement technology modify the impact of the environmental taxation (both the size and the “direction”) on the long-run growth driven by human capital accumulation à la Lucas (1988), when the source of pollution is private consumption and...
Persistent link: https://www.econbiz.de/10008465533
Persistent link: https://www.econbiz.de/10007967729
Persistent link: https://www.econbiz.de/10007968635
We build a model that takes into consideration the evolution of health over the life cycle and its consequences on individual optimal choices. In this framework, the effects of environmental taxation are not limited to the traditional negative crowding-out and positive productivity effects. We...
Persistent link: https://www.econbiz.de/10010899729