蝌蚪网 Journal:
Economic Policy
ISSN 1945-7731 (Print) | ISSN 1945-774X (Online)
Calculation of a Population Externality
蝌蚪网 Journal: Economic Policy
(pp. 61–87)
Abstract
It is known that when people generate externalities, a birth also generates an externality and efficiency requires a Pigou tax/subsidy on having children. The size of the externality from a birth is important for studying policy. We calculate the size of this "population externality" in a specific case: we consider a maintained hypothesis that greenhouse gas emissions are a serious problem and assume government reacts by optimally restricting emissions. Calculated population externalities are large under many assumptions (JEL D62, H23, J11, J13, Q54, Q58)Citation
Bohn, Henning, and Charles Stuart. 2015. "Calculation of a Population Externality." 蝌蚪网 Journal: Economic Policy 7 (2): 61–87. DOI: 10.1257/pol.20130012Additional Materials
JEL Classification
- D62 Externalities
- H23 Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
- J11 Demographic Trends, Macroeconomic Effects, and Forecasts
- J13 Fertility; Family Planning; Child Care; Children; Youth
- Q54 Climate; Natural Disasters and Their Management; Global Warming
- Q58 Environmental Economics: Government Policy