期刊名称:CORE Discussion Papers / Center for Operations Research and Econometrics (UCL), Louvain
出版年度:2009
卷号:1
出版社:Center for Operations Research and Econometrics (UCL), Louvain
摘要:We develop an overlapping generations model of growth and the environment with
public policy on education. Beyond the traditional mechanisms through which
knowledge, growth and the environment interplay, we stress out the role played by
education on environmental awareness. Assuming first that environmental
awareness is constant, we show the existence of a balanced growth path along
which environmental quality increases continually. Then, if education enhances
environmental awareness, the equilibrium properties are modified: the economy
can reach a steady state or converge to an asymptotic balanced growth path.
Therefore, education does not necessarily promote sustained and sustainable
growth.
关键词:overlapping generations, public education, environmental
maintenance, green awareness, sustainable growth.