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Energy efficiency improvements "rebound" when economic responses undercut their direct energy savings. I show that general equilibrium channels typically amplify rebound by making consumption goods cheaper but typically dampen rebound by increasing demand for non-energy inputs to production and...
Persistent link: https://www.econbiz.de/10012480824
-constraints and the profitability of engaging in innovation (R&D). We decompose the effects of RER changes on productivity growth …
Persistent link: https://www.econbiz.de/10012453086