[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 :
Macroéconomie & économie monétaire
Auteur, co-auteur :
Perez-Barahona, Agustin
ZOU, Benteng ; University of Luxembourg > Faculty of Law, Economics and Finance (FDEF) > Center for Research in Economic Analysis (CREA)
Co-auteurs externes :
yes
Langue du document :
Anglais
Titre :
A comparative study of energy saving technical progress in a vintage capital model
