English, Article, Journal or magazine article edition: A comparative study of Energy Saving Technical Progress in a Vintage Capital Model Agustin, PEREZ-BARAHONA; Benteng, ZOU

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Bookmark: http://trove.nla.gov.au/version/178401
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • A comparative study of Energy Saving Technical Progress in a Vintage Capital Model
Author
  • Agustin, PEREZ-BARAHONA
  • Benteng, ZOU
Physical Description
  • preprint
Notes
  • We analyzed 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 the success of energy saving technologies is questionable in a scenario of deceasing energy supply. Only constant returns to scale, with constant energy suply, yields long run growth.
  • Non renewable resources, Energy saving technological progress, Vintage capital
  • RePEc:ctl:louvir:2004002
Language
  • English
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