Article (Scientific journals)
A comparative study of energy saving technical progress in a vintage capital model
Perez-Barahona, Agustin; Zou, Benteng
2006In Resource and Energy Economics
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Keywords :
non-renewable resource; vintage capital
Abstract :
[en] We analyze the hypothesis about the effectiveness of energy saving technologies to reduce the trade-off between economic growth and energy preservation. In a general equilibrium vintage capital model with embodied energy saving technical progress, we show that positive growth is only possible if the growth rate of the energy saving technical progress exceeds the decreasing rate of the energy supply.
Disciplines :
Macroeconomics & monetary economics
Author, co-author :
Perez-Barahona, Agustin
Zou, Benteng ;  University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
External co-authors :
yes
Language :
English
Title :
A comparative study of energy saving technical progress in a vintage capital model
Publication date :
2006
Journal title :
Resource and Energy Economics
ISSN :
0928-7655
Publisher :
Elsevier Science
Peer reviewed :
Peer Reviewed verified by ORBi
Available on ORBilu :
since 04 May 2017

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