Longevity, fertility and economic growth: Do environmental factors matter?
Our study examines the effect of environmental factors on the economic decisions regarding fertility. We incorporate health-damaging pollution into a three period overlapping generations model in which life expectancy, fertility and economic growth are all endogenous. We show that environmental fa...
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iium-563762017-06-15T04:14:52Z http://irep.iium.edu.my/56376/ Longevity, fertility and economic growth: Do environmental factors matter? Varvarigos, Dimitrios Zakaria, Intan Zanariah HB Economic Theory Our study examines the effect of environmental factors on the economic decisions regarding fertility. We incorporate health-damaging pollution into a three period overlapping generations model in which life expectancy, fertility and economic growth are all endogenous. We show that environmental factors can cause significant changes to the economy’s demographics. In particular, the entrepreneurial choice of less polluting production processes, induced by a tax on emissions, can at some point in time lead to such changes as higher longevity and lower fertility rates. Thus, we provide a novel explanation on the positive relation between fertility rates and pollution. According to this, the causality on this relation may also work from the latter to the former. Furthermore, our model can account for the empirically observed N-shaped correlation between pollution and income per capita. Wiley 2017-02 Article PeerReviewed application/pdf en http://irep.iium.edu.my/56376/1/56376-Longevity%2C%20Fertility%20and%20Economic%20Growth.pdf application/pdf en http://irep.iium.edu.my/56376/2/56376-Longevity%2C%20Fertility%20and%20Economic%20Growth_SCOPUS.pdf Varvarigos, Dimitrios and Zakaria, Intan Zanariah (2017) Longevity, fertility and economic growth: Do environmental factors matter? Review of Development Economics,, 21 (1). pp. 43-66. E-ISSN 1467-9361 http://onlinelibrary.wiley.com/doi/10.1111/rode.12239/epdf 10.1111/rode.12239 |
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HB Economic Theory |
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HB Economic Theory Varvarigos, Dimitrios Zakaria, Intan Zanariah Longevity, fertility and economic growth: Do environmental factors matter? |
description |
Our study examines the effect of environmental factors on the economic decisions regarding fertility. We
incorporate health-damaging pollution into a three period overlapping generations model in which life
expectancy, fertility and economic growth are all endogenous. We show that environmental factors can
cause significant changes to the economy’s demographics. In particular, the entrepreneurial choice of less
polluting production processes, induced by a tax on emissions, can at some point in time lead to such
changes as higher longevity and lower fertility rates. Thus, we provide a novel explanation on the
positive relation between fertility rates and pollution. According to this, the causality on this relation
may also work from the latter to the former. Furthermore, our model can account for the empirically
observed N-shaped correlation between pollution and income per capita. |
format |
Article |
author |
Varvarigos, Dimitrios Zakaria, Intan Zanariah |
author_facet |
Varvarigos, Dimitrios Zakaria, Intan Zanariah |
author_sort |
Varvarigos, Dimitrios |
title |
Longevity, fertility and economic growth: Do
environmental factors matter? |
title_short |
Longevity, fertility and economic growth: Do
environmental factors matter? |
title_full |
Longevity, fertility and economic growth: Do
environmental factors matter? |
title_fullStr |
Longevity, fertility and economic growth: Do
environmental factors matter? |
title_full_unstemmed |
Longevity, fertility and economic growth: Do
environmental factors matter? |
title_sort |
longevity, fertility and economic growth: do
environmental factors matter? |
publisher |
Wiley |
publishDate |
2017 |
url |
http://irep.iium.edu.my/56376/ http://irep.iium.edu.my/56376/ http://irep.iium.edu.my/56376/ http://irep.iium.edu.my/56376/1/56376-Longevity%2C%20Fertility%20and%20Economic%20Growth.pdf http://irep.iium.edu.my/56376/2/56376-Longevity%2C%20Fertility%20and%20Economic%20Growth_SCOPUS.pdf |
first_indexed |
2023-09-18T21:19:31Z |
last_indexed |
2023-09-18T21:19:31Z |
_version_ |
1777411787473289216 |