Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
985867 | Resource and Energy Economics | 2006 | 11 Pages |
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
Related Topics
Physical Sciences and Engineering
Energy
Energy (General)
Authors
Agustín Pérez-Barahona, Benteng Zou,