Showing 1 - 10 of 131
Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from … renewable sources, and encourage energy conservation. To what extent do innovation and energy efficiency (EE) market failures … advanced and conventional renewable energy technologies and short and long-run EE investments. We incorporate both knowledge …
Persistent link: https://www.econbiz.de/10010764280
the period 1980q1-2011q4. That is, income is more often found to predict consumption and saving than the converse. Our … consumption and by exploring the direction of Granger causality between the two series. We also give evidence that house price … changes played a role in the US income and consumption dynamics, before, during and after the Great Recession. …
Persistent link: https://www.econbiz.de/10011278934
countries, compatible with the sustainability of the processes concerning the Earth system. Mainly by focusing on the energy … development, characterized by the role of fossil fuels and by the progressive dominance of those with a higher energy and density …
Persistent link: https://www.econbiz.de/10010877706
While fossil energy dependency has declined and energy supply has grown in the postwar world economy, future resource … scarcity could cast its shadow on world economic growth soon if energy markets are forward looking. We develop an endogenous … growth model that reconciles the current aggregate trends in energy use and productivity growth with the intertemporal …
Persistent link: https://www.econbiz.de/10010586070
and cointegration tests for federal revenues and expenditures, taking into account a structural shift in the budgetary … process related to World War II. We find sustainability over the entire period. However, splitting the sample into two sub …-samples before and after World War II, the results do much less support sustainability. Finally, applying the tax smoothing model of …
Persistent link: https://www.econbiz.de/10005766311
. Further, while during earlier parts of our sample both a slowdown in consumption and investment growth contribute to a … decomposition for consumption growth shows that the contribution of stock market volatility becomes negligible as we go from earlier …
Persistent link: https://www.econbiz.de/10009371360
The aim of this paper is to provide new empirical evidence on the relationship between energy consumption and economic … exists a long-run equilibrium relationship between energy consumption, real GDP, prices, labor and capital for each group of … decreasing energy consumption decreases growth and vice versa, and that increasing energy consumption increases growth, and vice …
Persistent link: https://www.econbiz.de/10009320785
infrastructure investment in telecommunications and the electricity sectors has a robust positive effect on long-term growth (but not …
Persistent link: https://www.econbiz.de/10005013038
We develop a spatial model of energy exploitation where energy sources are differentiated by their geographic location … and energy density. The spatial setting creates a scaling law that magnifies the importance of differences across energy … plays must first boom and then bust. For both renewable and non-renewable energy sources we link the size of exploitation …
Persistent link: https://www.econbiz.de/10010634077
The paper considers a climate change growth model with three R&D sectors dedicated to energy, backstop and CCS (Carbon …
Persistent link: https://www.econbiz.de/10008572565