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R&D, human capital and environmental externality in an endogenous growth model

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  • Daisuke Ikazaki

Abstract

This study constructs an endogenous growth model that incorporates the R&D sector, the education sector, and environmental problems. First, environmental impacts are considered. We show that, if government exercises appropriate policies and some parameter restrictions are satisfied, then the per-capita growth rate will become positive in the long run without environmental harm. Secondly, problems related to scale effects are considered. In typical growth models, an economy with a larger population grows faster. However, the scale effect has been rejected by Jones (1995). Our results suggest that the population level does not affect the economic growth rate.

Suggested Citation

  • Daisuke Ikazaki, 2006. "R&D, human capital and environmental externality in an endogenous growth model," International Journal of Global Environmental Issues, Inderscience Enterprises Ltd, vol. 6(1), pages 29-46.
    • Handle: RePEc:ids:ijgenv:v:6:y:2006:i:1:p:29-46
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    Citations

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    Cited by:

    1. Carlo Carraro & Enrica De Cian & Lea Nicita, 2009. "Modeling Biased Technical Change. Implications For Climate Policy," Working Papers 2009_27, Department of Economics, University of Venice "Ca' Foscari".
    2. Miroslav Verbič & Boris Majcen & Olga Ivanova & Mitja Čok, 2011. "R&D and Economic Growth in Slovenia: A Dynamic General Equilibrium Approach with Endogenous Growth," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(1), pages 67-89.
    3. Carlo Carraro & Enrica De Cian & Massimo Tavoni, 2009. "Human Capital Formation and Global Warming Mitigation: Evidence from an Integrated Assessment Model," CESifo Working Paper Series 2874, CESifo.
    4. Daisuke Ikazaki & Tohru Naito, 2009. "Optimal environmental and industrial policies and imperfect agglomeration effects," Regional Science Policy & Practice, Wiley Blackwell, vol. 1(2), pages 141-157, November.
    5. Miroslav Verbič & Boris Majcen & Olga Ivanova & Mitja Čok, 2011. "R&D and Economic Growth in Slovenia: A Dynamic General Equilibrium Approach with Endogenous Growth," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 58(1), pages 67-89, March.

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