Public education and the environment

Abstract

This paper investigated, in an overlapping generations model highlighting two-period lived households, the influence of education and environmental awareness on physical capital and environmental terms by sketching, at the stable steady-state equilibrium, the comparative static examination. According to this approach, the study has shown that public education policy can neither boost environmental quality standards nor the capital stock.  The study also found that larger environmental awareness as young results in upper capital accumulation and upper environmental quality. Regarding individuals' environmental awareness in old age, it was revealed that it leads on the one hand to less physical capital accumulation and on the other hand to a better environmental quality, only in the case where the value of environmental awareness at a young age is 10 and the value of environmental awareness at old age is greater than or equal to 40.

Keywords: Capital accumulation; environmental awareness; environmental quality; public education