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

Agustín Pérez-Barahona; Benteng Zou

doi:10.1016/j.reseneeco.2005.08.003

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

Agustín Pérez-Barahona
, Benteng Zou

University of Louvain
Bielefeld University

Résultats de recherche: Contribution à un journal › Article › Revue par des pairs

Résumé

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.

langue originale	Anglais
Pages (de - à)	181-191
Nombre de pages	11
journal	Resource and Energy Economics
Volume	28
Numéro de publication	2
Les DOIs	https://doi.org/10.1016/j.reseneeco.2005.08.003
état	Publié - 1 mai 2006
Modification externe	Oui

SDG des Nations Unies

Ce résultat contribue à ou aux Objectifs de développement durable suivants

SDG 7 Énergie abordable et propre
SDG 8 Travail décent et croissance économique

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10.1016/j.reseneeco.2005.08.003

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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.",

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AB - 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.

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KW - Non-renewable resources

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DO - 10.1016/j.reseneeco.2005.08.003

M3 - Article

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

Résumé

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