Using an AK technology endogenous growth model with endogenous leisure-labor choice and inevitable by-product pollution damage generation, this paper tends to examine the relationship between environmental policy, environmental factor and economic growth. Working on such a framework, it is found that an increase in public abatement expenditure, in production technology, in environment consciousness and in the private capital elasticity of pollution damage incremental will stimulate steady-state economic growth rate. But a rise in leisure consciousness and in public abatement elasticity of pollution damage reduction will lower the steady-state economic growth rate.