Showing 1 - 10 of 26
Persistent link: https://www.econbiz.de/10003544995
The approach of using existing data on economic values of local ecosystem services for an assessment of these values at a larger geographical scale can be called “scaling up”. In a scaling-up exercise, economic values from a particular study site are transferred to another geographical...
Persistent link: https://www.econbiz.de/10008728839
Persistent link: https://www.econbiz.de/10003356526
We develop a partial one-sector model with capital, natural resources, and labor as production factors, and endogenous technological change through research. Production exhibits increasing returns to scale. We compare the response of output and resource use to a change in resource prices with...
Persistent link: https://www.econbiz.de/10011589549
We develop an endogenous growth model with capital, labor and energy as production factors and three productivity variables that measure accumulated innovations for energy production, energy savings, and neutral growth. All markets are complete and perfect, except for research, for which we...
Persistent link: https://www.econbiz.de/10011606893
Persistent link: https://www.econbiz.de/10003356632
Persistent link: https://www.econbiz.de/10003356694
Fear for oil exhaustion and its consequences on economic growth has been a driver of a rich literature on exhaustible resources from the 1970s onwards. But our view on oil has remarkably changed and we now worry how we should constrain climate change damages associated with oil and other fossil...
Persistent link: https://www.econbiz.de/10008702311
We consider a situation where an exhaustible-resource seller faces demand from a buyer who has a perfect substitute but there is a time-to-build delay for the substitute. We that find in this simple framework the basic implications of the Hotelling model (1931) are reversed: over time the stock...
Persistent link: https://www.econbiz.de/10008780581
We study the effect of countries' energy abundance on trade and sector activity, conditional on sector's energy intensity, using an unbalanced panel with 14 high-income countries from Europe, America and Asia, 10 broad sectors, and years 1970-1997. We find that (i) countries with large energy...
Persistent link: https://www.econbiz.de/10008798039