Jump to ContentJump to Main Navigation
Show Summary Details
More options …

Mathematical Economics Letters

Editor-in-Chief: Alghalith , Moawia

Managing Editor: Boucekkine, Raouf

More options …

On the Optimal Control of Pollution in a Human Capital Growth Model

Stefano Bosi / Lionel Ragot
Published Online: 2013-09-13 | DOI: https://doi.org/10.1515/mel-2013-0009

Abstract

On the one hand, the adoption of polluting technologies can enhance the factor productivity; on the other hand, pollution lowers the stock of human capital by weakening physical and mental performances, and shortening the life expectancy at the end. To capture the impact of pollution on economic growth, we compute the optimal policy in a continuous-time endogenous growth model à la Lucas (1988). The concavity properties we consider, not only ensure the uniqueness of solution but also play a fundamental role in comparative statics and local dynamics.

Keywords: Pollution; human capital; endogenous growth

About the article

Accepted: 2013-06-07

Received: 2013-06-07

Published Online: 2013-09-13

Published in Print: 2013-10-01


Citation Information: Mathematical Economics Letters, Volume 1, Issue 1, Pages 9–15, ISSN (Online) 2195-4623, ISSN (Print) 2195-4615, DOI: https://doi.org/10.1515/mel-2013-0009.

Export Citation

© 2013 by Walter de Gruyter Berlin Boston.Get Permission

Citing Articles

Here you can find all Crossref-listed publications in which this article is cited. If you would like to receive automatic email messages as soon as this article is cited in other publications, simply activate the “Citation Alert” on the top of this page.

[1]
Kirill Borissov, Alexandra Brausmann, and Lucas Bretschger
European Economic Review, 2019, Volume 118, Page 252
[2]
Kirill Borissov, Lucas Bretschger, and Alexandra Vinogradova
SSRN Electronic Journal , 2018
[3]
Stefano Bosi, David Desmarchelier, and Lionel Ragot
Journal of Public Economic Theory, 2018
[4]
Jhy-hwa Chen, Jhy-yuan Shieh, and Juin-jen Chang
The B.E. Journal of Macroeconomics, 2015, Volume 15, Number 1

Comments (0)

Please log in or register to comment.
Log in