Is Aging Harmful to the Environment?
Tetsuo Ono and
Yasuo Maeda
Environmental & Resource Economics, 2001, vol. 20, issue 2, 113-127
Abstract:
How does aging affect the environment? We analyze this question using anoverlapping generations model featuring uncertain lifetimes andenvironmental externalities. We show that whether aging is harmful to theenvironment depends on the curvature of utility function, which ismeasured by the degree of relative risk aversion. We also explore theimplication of the results for environmental policy in an aging society. Copyright Kluwer Academic Publishers 2001
Keywords: aging; environmental externality; intergenerational externality; overlapping generations; uncertain lifetimes (search for similar items in EconPapers)
Date: 2001
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Citations: View citations in EconPapers (27)
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Persistent link: https://EconPapers.repec.org/RePEc:kap:enreec:v:20:y:2001:i:2:p:113-127
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DOI: 10.1023/A:1012676227797
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