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in the use of each of these in Sweden from 1850 to 1950. We use a simple growth model with a nested CES production … function and exogenous factor augmenting technological change and carry out a growth accounting decomposition based on the … econometric results. Energy and energy augmenting technological change contributed more than a third of the economic growth in …
Persistent link: https://www.econbiz.de/10010860360
Understanding companies' preferences for various domestic policy instruments is crucial to designing and planning Sectoral Market Mechanism (SMM) in China. Based on a detailed overview of domestic policy instruments under SMM, this paper evaluates corporate preferences for diverse domestic...
Persistent link: https://www.econbiz.de/10010886817
The Chinese central government has approved the seven pilot carbon trading schemes. These seven pilot regions are deliberately selected to be at varying stages of development and are given considerable leeway to design their own schemes. These pilot trading schemes have features in common, but...
Persistent link: https://www.econbiz.de/10011252556
This paper documents an energy ladder that nations ascend as their per capita incomes increase. On average, economic development results in an overall substitution from the use of biomass to fulfill energy needs to energy sourced from fossil fuels, and then toward nuclear power and certain...
Persistent link: https://www.econbiz.de/10009353449
This paper provides a review of the literature on competitiveness and leakage concerns associated with differentiated climate abatement commitments among countries. The literature reviewed is not exhausted, but it is sufficient to provide a balanced view of both academics and policy circles....
Persistent link: https://www.econbiz.de/10010795023
energy in economic growth despite energy being an essential production input. We demonstrate this by developing a simple … extension of the Solow growth model, which we use to investigate 200 years of Swedish data. We find that the elasticity of … they strongly constrain output growth resulting in a Malthusian steady-state. When energy services are abundant the economy …
Persistent link: https://www.econbiz.de/10011186018
The Chinese leadership in November 2013 determined to embark upon a new wave of comprehensive reforms in China. This is clearly reflected by the key decision of the Third Plenum of the 18th Central Committee of Communist Party of China to assign the market a decisive role in allocating...
Persistent link: https://www.econbiz.de/10011120271
Whether China maintains its business-as-usual energy-intensive growth trajectory or changes to a sustainable … theoretically examine ChinaÕs potential transition from its energy-intensive status quo to an innovation-oriented growth prospect …. We develop an economic growth model that incorporates the endogenous mechanism of technological innovation and its …
Persistent link: https://www.econbiz.de/10011120272
China has gradually recognized that the conventional path of encouraging economic growth at the expense of the …
Persistent link: https://www.econbiz.de/10011120273
the fundamental mechanism of international technology diffusion for energy technological growth. We first develop an …-country convergence in the growth rate of energy technology in a long-run balanced growth path, but the absolute levels of energy …
Persistent link: https://www.econbiz.de/10011123762