Work

The environment, life expectancy, and growth in overlapping generations models: A survey

Year: 2023

Type: article

Abstract: It is widely accepted that environmental and demographic changes will significantly influence the future of our society. In recent years, an increasing number of studies has analyzed the interlinkages among economic growth, environmental factors, and a specific demographic variable, namely life expectancy, applying an overlapping generations framework. The aim of this survey is threefold. First, we review the role of life expectancy and pollution for sustainable growth. Second, we discuss the role of intervening factors like health investment and technological progress as well as institutional settings including government expenditures, tax structures, and inequality. Finally, we summarize policy implications obtained in different models and compare them to each other.

Source: Journal of Economic Surveys

DOI: 10.1111/joes.12602

Authors: Anna Dugan, Alexia Prskawetz, Natacha Raffin

Institutions: University of Graz, University of Vienna, International Institute for Applied Systems Analysis, TU Wien, Vienna Institute of Demography

Language: English

Topic: Economic Growth and Productivity

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $3,860

Funder: Austrian Science Fund