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Green Attitude and Economic Growth

机译:绿色态度与经济增长

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摘要

We analyze the interdependence between green attitude and equilibrium development of environmental quality in an endogenous growth model. Individuals take only part of their impact on pollution into account, hence there is a negative externality of capital accumulation on environmental quality. Increasing wealth or increasing pollution enhance green attitude and reduce the externality, because individuals care more about the environment if their income is higher or if pollution is more obvious. The time path of pollution as well as the evolution of equilibrium growth are shown to depend crucially on the determinants of green attitude. Ongoing growth may lead to complete internalization of the environmental externality if green attitude improves with increasing wealth, e.g. as a consequence of an increase in environmental education. In contrast, if green attitude is determined exclusively by the level of environmental quality, pollution remains at a suboptimally high level. The interdependence of wealth and pollution in the determination of environmental awareness implies more complex dynamics. Capital growth enhances green attitude and thereby decreases pollution. Improved environmental quality in turn may increase capital growth due to less green attitude and therefore slow down convergence to the sustainable balanced growth path.
机译:我们分析了内生增长模型中绿色态度与环境质量均衡发展之间的相互依赖性。个人只考虑了其对污染的部分影响,因此,资本积累对环境质量具有负外部性。财富的增加或污染的增加增强了人们的绿色态度并减少了外部性,因为如果人们的收入更高或污染更加明显,人们就会更加关注环境。污染的时间路径以及均衡增长的演变过程关键取决于绿色态度的决定因素。如果绿色态度随着财富的增加而改善,那么持续的增长可能会导致环境外部性的完全内部化。由于增加了环境教育。相反,如果绿色态度仅由环境质量水平决定,则污染将保持在次优水平。决定环境意识时财富与污染的相互依存意味着更加复杂的动态。资本增长增强了绿色态度,从而减少了污染。反过来,由于对绿色态度的减少,改善的环境质量可能会增加资本增长,从而减缓向可持续平衡增长道路的趋同。

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