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Project Citation: 

Bohn, Henning, and Stuart, Charles. Replication data for: Calculation of a Population Externality. Nashville, TN: American Economic Association [publisher], 2015. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2019-10-13. https://doi.org/10.3886/E114565V1

Project Description

Summary:  View help for Summary 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)

Scope of Project

JEL Classification:  View help for 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


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