Title of article
A comparative study of energy saving technical progress in a vintage capital model
Author/Authors
Agust?n Pérez-Barahona، نويسنده , , Benteng Zou، نويسنده ,
Issue Information
فصلنامه با شماره پیاپی سال 2006
Pages
11
From page
181
To page
191
Abstract
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.
Keywords
Vintage capital-------------------------------------------------------------------------------- , Energy saving technical progress , Non-renewable resources
Journal title
Resource and Energy Economics
Serial Year
2006
Journal title
Resource and Energy Economics
Record number
917412
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