IDEAS home Printed from https://ideas.repec.org/p/uow/depec1/wp08-10.html
   My bibliography  Save this paper

Environmental Concern and Rational Production, Consumption and Rehabilitation

Author

Abstract

Utility from consumption might be spoiled by the degradation of the environment. The incorporation of a direct dependency of utility on the state of the environment through environmental concern and the incorporation of the effects of production pollution and rehabilitative investment on the environment into a lifetime utility maximization model imply that a minimal degree of impatience is necessary for an interior steady state to exist. This steady state is unique, approachable along a path with damped oscillations of consumption and rehabilitative investment, and characterized by a larger production than in the steady state without environmental concern.

Suggested Citation

  • Levy, Amnon, 2008. "Environmental Concern and Rational Production, Consumption and Rehabilitation," Economics Working Papers wp08-10, School of Economics, University of Wollongong, NSW, Australia.
    • Handle: RePEc:uow:depec1:wp08-10
    as

    Download full text from publisher

    File URL: http://www.uow.edu.au/content/groups/public/@web/@commerce/@econ/documents/doc/uow045913.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Axel Franzen, 2003. "Environmental Attitudes in International Comparison: An Analysis of the ISSP Surveys 1993 and 2000," Social Science Quarterly, Southwestern Social Science Association, vol. 84(2), pages 297-308, June.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Long Niu & Chuntian Lu & Lijuan Fan, 2023. "Social Class and Private-Sphere Green Behavior in China: The Mediating Effects of Perceived Status and Environmental Concern," IJERPH, MDPI, vol. 20(5), pages 1-15, February.
    2. Vainio, Annukka & Paloniemi, Riikka, 2014. "The complex role of attitudes toward science in pro-environmental consumption in the Nordic countries," Ecological Economics, Elsevier, vol. 108(C), pages 18-27.
    3. Iddisah Sulemana, 2016. "Are Happier People More Willing to Make Income Sacrifices to Protect the Environment?," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 127(1), pages 447-467, May.
    4. Benjamin Michallet & Giuseppe Lucio Gaeta & François Facchini, 2015. "Greening Up or Not? The Determinants Political Parties’ Environmental Concern: An Empirical Analysis Based on European Data (1970-2008)," Working Papers 2015.25, Fondazione Eni Enrico Mattei.
    5. Mohamed M. Mostafa, 2016. "Post-materialism, Religiosity, Political Orientation, Locus of Control and Concern for Global Warming: A Multilevel Analysis Across 40 Nations," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 128(3), pages 1273-1298, September.
    6. Binder, Martin & Blankenberg, Ann-Kathrin, 2016. "Environmental concerns, volunteering and subjective well-being: Antecedents and outcomes of environmental activism in Germany," Ecological Economics, Elsevier, vol. 124(C), pages 1-16.
    7. Aklin, Michaël & Bayer, Patrick & Harish, S.P. & Urpelainen, Johannes, 2013. "Understanding environmental policy preferences: New evidence from Brazil," Ecological Economics, Elsevier, vol. 94(C), pages 28-36.
    8. Habla, Wolfgang & Winkler, Ralph, 2013. "Political influence on non-cooperative international climate policy," Journal of Environmental Economics and Management, Elsevier, vol. 66(2), pages 219-234.
    9. David Ralston & Carolyn Egri & Charlotte Karam & Irina Naoumova & Narasimhan Srinivasan & Tania Casado & Yongjuan Li & Ruth Alas, 2015. "The triple-bottom-line of corporate responsibility: Assessing the attitudes of present and future business professionals across the BRICs," Asia Pacific Journal of Management, Springer, vol. 32(1), pages 145-179, March.
    10. Adriana AnaMaria Davidescu & Simona-Andreea Apostu & Andreea Paul, 2020. "Exploring Citizens’ Actions in Mitigating Climate Change and Moving toward Urban Circular Economy. A Multilevel Approach," Energies, MDPI, vol. 13(18), pages 1-46, September.
    11. Mohamed M. Mostafa, 2020. "Catastrophe Theory Predicts International Concern for Global Warming," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 18(3), pages 709-731, September.
    12. Torgler, Benno & Garcia-Valinas, Maria A. & Macintyre, Alison, 2008. "Justifiability of Littering: An Empirical Investigation," Natural Resources Management Working Papers 42147, Fondazione Eni Enrico Mattei (FEEM).
    13. Berck, Peter & Levy, Amnon & Chowdhury, Khorshed, 2012. "An analysis of the world's environment and population dynamics with varying carrying capacity, concerns and skepticism," Ecological Economics, Elsevier, vol. 73(C), pages 103-112.
    14. Song, Fei (Sophie) & Montabon, Frank & Xu, Yuhang, 2018. "The impact of national culture on corporate adoption of environmental management practices and their effectiveness," International Journal of Production Economics, Elsevier, vol. 205(C), pages 313-328.
    15. Udalov, Vladimir & Welfens, Paul J. J., 2017. "Digital and Competing Information Sources: Impact on Environmental Concern and Prospects for Cooperation," IZA Discussion Papers 10684, Institute of Labor Economics (IZA).
    16. Laura H. Middermann & Jan Kratzer & Susanne Perner, 2020. "The Impact of Environmental Risk Exposure on the Determinants of Sustainable Entrepreneurship," Sustainability, MDPI, vol. 12(4), pages 1-15, February.
    17. Michallet, Benjamin & Gaeta, Giuseppe Lucio & Facchini, Francois, 2015. "Greening up or not? The determinants of political parties’ environmental concern: an empirical analysis based on European data (1970-2008)," MPRA Paper 63335, University Library of Munich, Germany, revised Mar 2015.
    18. Schleich, Joachim & Gassmann, Xavier & Faure, Corinne & Meissner, Thomas, 2016. "Making the implicit explicit: A look inside the implicit discount rate," Energy Policy, Elsevier, vol. 97(C), pages 321-331.
    19. Jing Xiao & Haifeng Li, 2011. "Sustainable Consumption and Life Satisfaction," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 104(2), pages 323-329, November.
    20. Hansmann, Ralf & Koellner, Thomas & Scholz, Roland W., 2006. "Influence of consumers' socioecological and economic orientations on preferences for wood products with sustainability labels," Forest Policy and Economics, Elsevier, vol. 8(3), pages 239-250, April.

    More about this item

    Keywords

    Consumption; environmental investment; golden rule;
    All these keywords.

    JEL classification:

    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:uow:depec1:wp08-10. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Peter Siminski The email address of this maintainer does not seem to be valid anymore. Please ask Peter Siminski to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/deuowau.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.