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addresses this critique. We study transitional dynamics and the long-term growth path and identify conditions under which firms …
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rates. -- Green Paradox ; Supply-side dynamics ; Climate Policy ; Exhaustible Resources ; Fossil Fuels ; Exploration …
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We study the effectiveness of climate change policy in a model with multiple non-renewable resources that differ in their carbon content. We find that, when allowing some time between announcement and implementation of a cap on carbon dioxide emissions, emissions from non-renewable energy...
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