A comparative study of energy saving technical progress in a vintage capital model

被引:10
作者
Perez-Barahona, A
Zou, BT
机构
[1] Catholic Univ Louvain, CORE, Chair Lhoist Berghmans Environm Econ & Management, B-1348 Louvain, Belgium
[2] Univ Bielefeld, IMW, D-33501 Bielefeld, Germany
关键词
non-renewable resources; energy saving technical progress; vintage capital;
D O I
10.1016/j.reseneeco.2005.08.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
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. (c) 2005 Elsevier B.V. All rights reserved.
引用
收藏
页码:181 / 191
页数:11
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