The DOI matches its Crossref record; 17 of the 17 references it cites were found in a registry or an index.
An Overlapping Generations Model of Growth and the Environment
Abstract
This article analyses the potential conflict between economic growth and the maintenance of environmental quality in an overlapping generations model. Short-lived individuals make decisions which have long-lasting effects on both factor productivity and the environment. The model provides a theoretical explanation of observed correlations between environmental quality and income, whereby economic growth is associated first with declines, then improvements, in environmental quality. It suggests circumstances in which multiple Pareto-ranked steady-state equilibria may arise, and in which sustained growth of both capital and environmental quality may occur. Overmaintenance of the environment, analogous to dynamically inefficient over-accumulation of capital, may emerge.
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Cites
On the mechanics of economic development
Lucas, R. E. (1988) · Journal of Monetary Economics · doi:10.1016/0304-3932(88)90168-7 · Cited by 24,085
Increasing returns and long-run growth
Romer, P. M. (1986) · Journal of Political Economy · doi:10.1086/261420 · Cited by 20,149
Environmental Impacts of a North American Free Trade Agreement
Grossman, G., & Krueger, A. (1991) · National Bureau of Economic Research · doi:10.3386/w3914 · Cited by 7,595
The Economic Implications of Learning by Doing
Arrow, K. J. (1971) · Readings in the Theory of Growth · doi:10.1007/978-1-349-15430-2_11 · Cited by 6,605
An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money
Samuelson, P. A. (1958) · Journal of Political Economy · doi:10.1086/258100 · Cited by 3,534
The Penn World Table (Mark 5): An Expanded Set of International Comparisons, 1950-1988
Summers, R., & Heston, A. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937941 · Cited by 3,429
Environmental quality and development: Is there a Kuznets Curve for air pollution emissions?
Selden, T. M., & Song, D. (1994) · Journal of Environmental Economics and Management · doi:10.1006/jeem.1994.1031 · Cited by 2,850
The Theory of Environmental Policy
Crocker, T. D., Randall, A., Baumol, W. J., & Oates, W. E. (1976) · Land Economics · doi:10.2307/3145303 · Cited by 2,272
Threshold Externalities in Economic Development
Azariadis, C., & Drazen, A. (1990) · The Quarterly Journal of Economics · doi:10.2307/2937797 · Cited by 2,016
Economic Theory and Exhaustible Resources
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Cited by
Environmental Kuznets curve hypothesis: a survey
Dinda, S. (2004) · Ecological Economics · doi:10.1016/j.ecolecon.2004.02.011 · Cited by 4,106
The rise and fall of the Environmental Kuznets Curve
Stern, D. I. (2004) · World Development · doi:10.1016/j.worlddev.2004.03.004 · Cited by 4,013
Confronting the Environmental Kuznets Curve
Dasgupta, S., Laplante, B., Wang, H., & Wheeler, D. (2002) · Journal of Economic Perspectives · doi:10.1257/0895330027157 · Cited by 1,760
The impact of economic growth on CO2 emissions in Azerbaijan
Mikayilov, J. I., Galeotti, M., & Hasanov, F. J. (2018) · Journal of Cleaner Production · doi:10.1016/j.jclepro.2018.06.269 · Cited by 470
Shao, S., Yang, L., Yu, M., & Yu, M. (2011) · Energy Policy · doi:10.1016/j.enpol.2011.07.049 · Cited by 254
Metadata
- Authors
- John, A., & Pecchenino, R.
- Venue
- The Economic Journal
- Publisher
- Oxford University Press (OUP)
- Published
- 1994-11
- Volume
- 104
- Issue
- 427
- Pages
- 1393
- ISSN
- 0013-0133 (ISSN-L)
- OpenAlex
- W2064642654
- Cited by
- 586
- References
- 17
- FWCI
- 18.70
- Type
- journal article
- Language
- en
- Open access
- closed
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Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
