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Pré-Publication, Document De Travail Année : 2011

Polluting Industrialization

Résumé

Recently, many contributions have focused on the relationship between capital accumulation, growth and population dynamics, introducing fertility choice in macro-dynamic models. In this paper, we go one step further highlighting also the link with pollution. We develop a simple overlapping generations model with paternalistic altruism according to wealth and environmental concerns. One can therefore explain a simultaneous increase of capital intensity, population growth and pollution, namely a polluting industrialization. We show in addition that a permanent productivity shock, possibly associated to technological innovations, promotes such a polluting development process, escaping a trap where the economy is relegated to a low capital intensity, population growth and pollution.
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Dates et versions

halshs-00633608 , version 1 (19-10-2011)

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  • HAL Id : halshs-00633608 , version 1

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Karine Constant, Carine Nourry, Thomas Seegmuller. Polluting Industrialization. 2011. ⟨halshs-00633608⟩
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