Nonlinear dynamics in an environmental overlapping generations model with technology choice

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dc.contributor.authorGori, Luca
dc.contributor.authorPurificato, Francesco
dc.contributor.authorSodini, Mauro
dc.date.accessioned2026-05-21T06:17:57Z
dc.date.available2026-05-21T06:17:57Z
dc.date.issued2026
dc.description.abstractThis paper introduces an overlapping generations model to explore the interplay between economic growth, the environment, and endogenous technology adoption. Considering an economy with physical capital and publicly funded human capital, the analytical framework extends Prieur and Br & eacute;chet (2013, Macroeconomic Dynamics 17, 1135-1157) by incorporating the endogenous technology choice mechanism from Umezuki and Yokoo (2019, Journal of Economic Dynamics & Control 100, 164-175). The analysis focuses on how the choice of capital-intensive technologies impacts environmental dynamics. The model reveals complex equilibrium dynamics, driven by a core trade-off between individuals' resource allocation on consumption versus environmental protection and firms' technology decisions.
dc.description.firstpageart. no. e7
dc.description.sourceWeb of Science
dc.description.volume30
dc.identifier.citationMacroeconomic Dynamics. 2026, vol. 30, art. no. e7.
dc.identifier.doi10.1017/S1365100525100734
dc.identifier.issn1365-1005
dc.identifier.issn1469-8056
dc.identifier.urihttp://hdl.handle.net/10084/158657
dc.identifier.wos001659458100001
dc.language.isoen
dc.publisherCambridge University Press
dc.relation.ispartofseriesMacroeconomic Dynamics
dc.relation.urihttps://doi.org/10.1017/S1365100525100734
dc.rights© The Author(s), 2026. Published by Cambridge University Press
dc.subjectoverlapping generations
dc.subjectenvironment
dc.subjectnonlinear dynamics
dc.subjecttechnology
dc.titleNonlinear dynamics in an environmental overlapping generations model with technology choice
dc.typearticle
dc.type.statusPeer-reviewed
dc.type.versionpublishedVersion

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