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Is there really a green paradox?
Ploeg, Frederick van der; Withagen, Cees - 2012 - Revised 21 June 2012
initial capital stock below that of the steady state of the carbon-freeeconomy and the initial cost of oil (extraction cost … capital stock is aboveits steady state or renewables have an initial cost advantage. …
Persistent link: https://www.econbiz.de/10011380023
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Is there really a green paradox?
Ploeg, Frederick van der; Withagen, Cees - 2010
Persistent link: https://www.econbiz.de/10003973298
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Nonrenewable resources, strategic behavior and the hotelling rule : an experiment
Veldhuizen, Roel van; Sonnemans, Joep - 2011
Persistent link: https://www.econbiz.de/10008824720
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Nonrenewable resources, strategic behavior and the hotelling rule : an experiment
Veldhuizen, Roel van; Sonnemans, Joep - 2011
This study uses the methods of experimental economics to investigate possible causes for the failure of the Hotelling rule for nonrenewable resources. We argue that as long as resource stocks are high enough, producers may choose to (partially) ignore the dynamic component of their production...
Persistent link: https://www.econbiz.de/10011382748
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Follow the money : does the financial sector intermediate natural resource windfalls?
Beck, Thorsten; Poelhekke, Steven - 2017 - This version: 18 February 2017
The need to absorb windfalls gains and manage them appropriately has been discussed extensively by academics and policy makers alike. We explore the role of the financial sector in intermediating these windfalls. Controlling for the level of financial development, inflation, GDP growth and...
Persistent link: https://www.econbiz.de/10011602734
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Technological change during the energy transition
Meijden, Gerard van der; Smulders, Sjak - 2014
The energy transition from fossil fuels to alternative energy sources has important consequences for technological change and resource extraction. We examine these consequences by incorporating a non-renewable resource and an alternative energy source in a market economy model of endogenous...
Persistent link: https://www.econbiz.de/10010391526
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The role of material/energy resources and dematerialisation in economic growth theories
Ayres, Robert U.; Bergh, Jeroen C. J. M. van den - 2000
The nature of energy and material resources in an endogenous growththeory framework is clarified. This involves three modifications of the conventional theory. Firstly, multiple feedback mechanisms or "growth engines" are identified. Secondly, a productionfunction distinguishesbetween resource...
Persistent link: https://www.econbiz.de/10011303864
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Carbon lock-in : the role of expectations
Meijden, Gerard van der; Smulders, Sjak - 2014
We argue that expectations about future energy use affect the transition from fossil fuels to renewable substitutes, because of an interaction between innovation and resource scarcity. The paper presents a model of directed technical change to study this interaction. We find that resource-saving...
Persistent link: https://www.econbiz.de/10010390082
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Oil discoveries and protectionism : role of news effects
Sebastian-Perez, Fidel; Raveh, Ohad; Ploeg, Frederick … - 2021
decreases tariffs in the years to follow yet to a lesser extent, most notably in capital scarce economies with a relatively …
Persistent link: https://www.econbiz.de/10012545111
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On taxation in a two-sector endogenous growth model with endogenous labor supply
Hek, Paul A. de - 2003
theeffects of taxation - including income taxation, capital incometaxation and labor income taxation - distinguishes between … incometaxation, where capital and labor income are taxed equally, theresulting effect on the growth rate is negative. The … contributionof endogenous leisure is confined to reducing or increasing thesize of the effect on the growth rate. If only capital …
Persistent link: https://www.econbiz.de/10011333258