Affiliation:
1. Department of Economics, University of California Santa Barbara, 2127 North Hall, Santa Barbara, CA 93106 (e-mail: )
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)
Publisher
American Economic Association
Subject
General Economics, Econometrics and Finance
Cited by
14 articles.
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