Showing 1 - 10 of 323
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
We develop an economic model for fossil-fuel and carbon-free energy supply and demand with capital and labor as production factors, and endogenous technological change through learning by research and learning by doing. We use the model to study inter-temporally efficient carbon taxes for...
Persistent link: https://www.econbiz.de/10011606971
investment and innovation-driven, environmentally sustainable development holds important implications for both national and … and innovation-driven, environmentally sustainable growth path. We show that if R&D technological innovation is … environmental quality improves at a rate of 2.5%. In contrast, if R&D technological innovation is not harnessed as a new growth …
Persistent link: https://www.econbiz.de/10011451689
This paper investigates the connection between resource abundance and innovation, as a transmission mechanism that can …, consumers trade off leisure versus consumption, and firms trade off innovation efforts versus manufacturing. For this model, we … indirectly by inducing a smaller proportion of the labor force to engage in innovation. …
Persistent link: https://www.econbiz.de/10011606857
This paper applies the Directed Technical Change (DTC) framework to study improvements in the efficiency of energy use. We present a theoretical model which (1) shows that the demand for energy is shifted down by innovations in energy intensive sectors and (2) highlights the drivers of...
Persistent link: https://www.econbiz.de/10011334550
contributes to an economic exposition of China's potential transition from an energy-intensive to an innovation-led growth path … capital investment and incentives of capital stock accumulation rather than R&D-related innovation. Accumulation of energy …-consuming capital stock along this non-innovation-led growth path thus leads to an intensive use of fossil energy - an energy …
Persistent link: https://www.econbiz.de/10010459894
-country differences in the efficiency of foreign technology absorption and indigenous innovation lead to cross-country divergence in the … undertaking indigenous innovation tends to gain a higher level of energy productivity. …
Persistent link: https://www.econbiz.de/10010344238
encourage households to save. Finally, it has been conjectured that environmental regulations can stimulate innovation because R …
Persistent link: https://www.econbiz.de/10011601135
Traditional resource economics has been criticised for assuming too high elasticities of substitution, not observing material balance principles and relying too much on planner solutions to obtain long-term growth. By analysing a multi-sector R&D-based endogenous growth model with exhaustible...
Persistent link: https://www.econbiz.de/10011592713
We provide a unified framework for quantifying the cross country and cross-sector interactions among trade, innovation … model in which comparative advantage and the stock of knowledge are determined by innovation and diffusion. A reduction in … trade costs induces a re-allocation of comparative advantage in production and innovation across sectors, which translates …
Persistent link: https://www.econbiz.de/10011782608