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The perils of the learning model for modeling endogenous technological change
Nordhaus, William D. - 2009
Persistent link: https://www.econbiz.de/10003788379
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The perils of the learning model for modeling endogenous technological change
Nordhaus, William D. - 2009
Persistent link: https://www.econbiz.de/10003799750
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The perils of the learning model for modeling endogenous technological change
Nordhaus, William D. - In: The energy journal 35 (2014) 1, pp. 1-13
Persistent link: https://www.econbiz.de/10010246084
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The Perils of the Learning Model for Modeling Endogenous Technological Change
Nordhaus, William D. - 2009
Learning or experience curves are widely used to estimate cost functions in manufacturing modeling. They have recently … shows that there is a fundamental statistical identification problem in trying to separate learning from exogenous … technological change and that the estimated learning coefficient will generally be biased upwards. Second, we present two empirical …
Persistent link: https://www.econbiz.de/10014211678
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The Perils of the Learning Model for Modeling Endogenous Technological Change
Nordhaus, William D. - 2010
Learning or experience curves are widely used to estimate cost functions in manufacturing modeling. They have recently … shows that there is a fundamental statistical identification problem in trying to separate learning from exogenous … technological change and that the estimated learning coefficient will generally be biased upwards. Second, we present two empirical …
Persistent link: https://www.econbiz.de/10012758017
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The Perils of the Learning Model For Modeling Endogenous Technological Change
Nordhaus, William D. - 2009
Learning or experience curves are widely used to estimate cost functions in manufacturing modeling. They have recently … shows that there is a fundamental statistical identification problem in trying to separate learning from exogenous … technological change and that the estimated learning coefficient will generally be biased upwards. Second, we present two empirical …
Persistent link: https://www.econbiz.de/10012464011
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Modeling uncertainty in climate change : a multi-model comparison
Gillingham, Kenneth; Nordhaus, William D.; Anthoff, David; … - 2016
The economics of climate change involves a vast array of uncertainties, complicating both the analysis and development of climate policy. This study presents the results of the first comprehensive study of uncertainty in climate change using multiple integrated assessment models. The study looks...
Persistent link: https://www.econbiz.de/10011451571
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Endogenous growth, convexity of damage and climate risk : how Nordhaus' framework supports deep cuts in carbon emissions
Dietz, Simon; Stern, Nicholas H. - In: The economic journal : the journal of the Royal … 125 (2015) 583, pp. 574-602
Persistent link: https://www.econbiz.de/10011398978
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Modeling uncertainty in climate change : a multi-model comparison
Gillingham, Kenneth; Nordhaus, William D.; Anthoff, David; … - 2015
The economics of climate change involves a vast array of uncertainties, complicating both the analysis and development of climate policy. This study presents the results of the first comprehensive study of uncertainty in climate change using multiple integrated assessment models. The study looks...
Persistent link: https://www.econbiz.de/10011344715
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Integrated Economic and Climate Modeling
Nordhaus, William D. - Cowles Foundation for Research in Economics, Yale University - 2011
This survey examines the history and current practice in integrated assessment models (IAMs) of the economics of climate change. It begins with a review of the emerging problem of climate change. The next section provides a brief sketch of the rise of IAMs in the 1970s and beyond. The subsequent...
Persistent link: https://www.econbiz.de/10009368556