Hostname: page-component-848d4c4894-x5gtn Total loading time: 0 Render date: 2024-05-05T22:10:07.751Z Has data issue: false hasContentIssue false
  • English
  • Français

CAN EDUCATION BE GOOD FOR BOTH GROWTH AND THE ENVIRONMENT?

Published online by Cambridge University Press:  18 March 2013

Fabien Prieur  and
Thierry Bréchet
Fabien Prieur*
Affiliation:
Université Montpellier 1 and INRA
Thierry Bréchet
Affiliation:
Université Catholique de Louvain CORE and Louvain School of Management
*
Address correspondence to: Fabien Prieur, LAMETA, Université Montpellier 1 and INRA, 2 place Viala, 34060 Montpellier, France; e-mail: prieur@supagro.inra.fr.
Get access Rights & Permissions [Opens in a new window]

Abstract

We develop an overlapping-generations model of growth and the environment in relation to public policy on education. Beyond the traditional mechanisms through which knowledge, growth, and the environment interplay, we stress the role played by education in environmental awareness. Assuming first that environmental awareness is constant, we show the existence of a balanced-growth path (BGP) 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 BGP. Therefore, education does not necessarily promote sustained and sustainable growth.

Keywords

Overlapping GenerationsPublic EducationEnvironmental MaintenanceGreen AwarenessSustainable Growth
Type
Articles
Information
Macroeconomic Dynamics , Volume 17 , Issue 5 , July 2013 , pp. 1135 - 1157
Copyright
Copyright © Cambridge University Press 2013 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

REFERENCES

Azariadis, C. and Drazen, A. (1990) Threshold externalities in economic development. Quarterly Journal of Economics 105, 501–526.CrossRefGoogle Scholar
Blanchard, O. (1985) Debt, deficits and finite horizon. Journal of Political Economy 93, 223–247.CrossRefGoogle Scholar
Bovenberg, A. and de Mooij, R. (1997) Environmental tax reform and endogenous growth. Journal of Public Economics 63, 207–237.CrossRefGoogle Scholar
Bovenberg, A. and Smulders, S. (1995) Environmental quality and pollution-augmenting technological change in a two-sector endogenous growth model. Journal of Public Economics 57, 369–391.CrossRefGoogle Scholar
Bovenberg, A. and Smulders, S. (1996) Transitional impacts of environmental policy in an endogenous growth model. International Economic Review 37, 861–893.CrossRefGoogle Scholar
Brock, W. and Taylor, S. (2005) Economic growth and the environment: A review of theory and empirics. In Aghion, P. and Durlauf, S. (eds.), Handbook of Economic Growth, vol. I, part 2, pp. 1749–1821. Amsterdam: Elsevier North-Holland.Google Scholar
De la Croix, D. and Michel, P. (2000) Myopic and perfect foresight in the OLG model. Economic Letters 67, 53–60.Google Scholar
European Commission [EC] (2005) The Attitudes of European Citizens towards the Environment. Eurobarometer 217, DG Environment.Google Scholar
European Commission [EC] (2008) The Attitudes of European Citizens towards the Environment. Eurobarometer 296, DG Environment.Google Scholar
Franzen, A. and Meyer, R. (2010) Environmental attitutes in cross-national perspective: A multilevel analysis of the ISSP 1993 and 2000. European Sociological Review 26 (2), 219–234.CrossRefGoogle Scholar
Galor, O. and Ryder, H. (1989) Existence, uniqueness and stability of equilibrium in an overlapping generations model with productive capital. Journal of Economic Theory 49, 360–375.Google Scholar
Glomm, G. and Ravikumar, B. (1997) Productive government expenditures and long run growth. Journal of Economic Dynamics and Control 21, 183–204.CrossRefGoogle Scholar
Gradus, R. and Smulders, S. (1993) The trade-off between environmental care and long-term growth: Pollution in three prototype growth models. Journal of Economics 58, 25–51.CrossRefGoogle Scholar
John, A. and Pecchenino, R. (1994) An overlapping generations model of growth and the environment. Economic Journal 104, 1393–1410.CrossRefGoogle Scholar
Krueger, A. and Lindhal, M. (2001) Education for growth: Why and for whom? Journal of Economic Literature 34, 1101–1136.CrossRefGoogle Scholar
Lucas, R. (1988) On the mechanics of economic development. Journal of Monetary Economics 22, 3–42.CrossRefGoogle Scholar
Ono, T. (2003) Environmental tax policy in a model of growth cycles. Economic Theory 22, 141–168.CrossRefGoogle Scholar
Pautrel, X. (2011) Environmental policy, education and growth: A reappraisal when lifetime is finite. Macroeconomic Dynamics. doi:10.1017/S1365100510000830.Google Scholar
Prieur, F. (2009) The environmental Kuznets curve in a world of irreversibility. Economic Theory 40 (1), 57–90.CrossRefGoogle Scholar
Prieur, F., Jean-Marie, A., and Tidball, M. (2011) Growth and irreversible pollution: Are emission permits a means to avoid environmental and poverty traps? Macroeconomic Dynamics. doi:10.1017/S1365100511000113.Google Scholar
Smulders, S. and Gradus, R. (1996) Pollution abatement and long-term growth. European Journal of Political Economy 12, 505–532.CrossRefGoogle Scholar
Stokey, N. (1998) Are there limits to growth. International Economic Review 39, 1–31.CrossRefGoogle Scholar
Van Liere, K.D. and Dunlap, R.E. (1980) The social bases of environmental concern: A review of hypotheses, explanations and empirical evidence. Public Opinion Quaterly 44, 181–199.CrossRefGoogle Scholar
Vellinga, N. (1999) Multiplicative utility and the influence of environmental care on the short-term economic growth rate. Economic Modelling 16, 307–330.CrossRefGoogle Scholar
Xepapadeas, A. (2005) Economic growth and the environment. In Handbook of Environmental Economics, vol. III, pp. 1219–1271. Elsevier Science.Google Scholar
Zhang, J. (1999) Environmental sustainability, non linear dynamics and chaos. Economic Theory 14, 489–500.CrossRefGoogle Scholar