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Exhaustible Resources, Technology Choice and Industrialization of Developing Countries

Färnstrand Damsgaard, Erika - 2010

How should the world economy adapt to the increased demand for exhaustible resources from countries like China and India? To address that issue, this paper presents a dynamic model of the world economy with two technologies for production; a resource technology which uses an exhaustible resource...

Persistent link: https://www.econbiz.de/10010320331

Is there really a Green Paradox?

van der Ploeg, Frederick; Withagen, Cees - 2010

Optimal climate policy is studied in a Ramsey growth model with exhaustible oil reserves, an infinitelyelastic supply of renewables, stock-dependent oil extraction costs and convex climate damages. Weconcentrate on economies with an initial capital stock below that of the steady state of the...

Persistent link: https://www.econbiz.de/10010325848

Bush meets hotelling: effects of improved renewable energy technology on greenhouse gas emissions

Hoel, Michael - 2008

Fossil fuels are non-renewable carbon resources, and the extraction path of these resources depends both on present and future demand. When this Hotelling feature is taken into consideration, the whole price path of carbon fuel will shift downwards as a response to the reduced cost of the...

Persistent link: https://www.econbiz.de/10010264513

Bush meets hotelling: Effects of improved renewable energy technology on greenhouse gas emissions

Hoel, Michael - 2008

Fossil fuels are non-renewable carbon resources, and the extraction path of these resources depends both on present and future demand. When this 'Hotelling feature' is taken into consideration, the whole price path of carbon fuel will shift downwards as a response to the reduced cost of the...

Persistent link: https://www.econbiz.de/10010285560

The Direction of Technical Change in Capital-Resource Economies

Di Maria, Corrado; Valente, Simone - 2006

We analyze a multi-sector growth model with directed technical change where man-made capital and exhaustible resources are essen- tial for production. The relative profitability of factor-specific inno- vations endogenously determines whether technical progress will be capital- or...

Persistent link: https://www.econbiz.de/10011753115

The energy transition in Colombia: Current situation, projections, challenges, narratives and public policies - In relation to the energy transition in Germany

Thema, Johannes; Roa García, María Cecilia - 2023

This Wuppertal Paper analyses the energy transition models of Colombia and Germany. The emphasis of the exercise is on … an analysis of options for the complete decarbonization of the energy system in Colombia as a Global South country. To … one of the countries of the Global North with which Colombia has historically maintained energy trade relations and is …

Persistent link: https://www.econbiz.de/10014309864

Natural Resources Dynamics: Another Look

Di Vita, Giuseppe - 2004

In this paper we study the problem of exhaustible resources and renewable resources in a theoretical endogenous growth framework, under various assumptions. In particular, we consider the hypotheses that those two inputs are or are not technologically perfect substitutes of each other. Moreover,...

Persistent link: https://www.econbiz.de/10011324993

Declining Exhaustible Resource Rent with Small, Distinct Extractive Firms

Hartwick, John; Bazhanov, Andrei; Song, Zhen - 2007

We consider a competitive extraction industry comprising many small firms, each with a slightly different quality of mineral holdings. With "rapidly" declining quality of holding per firm we observe rent declining over and interval. We do not work with the planning solution, commonly invoked in...

Persistent link: https://www.econbiz.de/10011940753

Is there a green paradox?

Hoel, Michael - 2010

A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...

Persistent link: https://www.econbiz.de/10010274935

Climate effects of carbon taxes, taking into account possible other future climate measures

Habermacher, Florian; Kirchgässner, Gebhard - 2011

The increase of fuel extraction costs as well as of temperature will make it likely that in the medium-term future technological or political measures against global warming may be implemented. In assessments of a current climate policy the possibility of medium-term future developments like...

Persistent link: https://www.econbiz.de/10010275013

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