The energy transition from fossil fuels to alternative energy sources has important consequences for technological change and resource extraction. We examine these consequences by incorporating a non-renewable resource and an alternative energy source in a market economy model of endogenous...

Electricity shortage has become a major challenge to continued economic growth in Bangladesh. The country is growing in terms of GDP growth at a rate of 7% a year. Bangladesh is expected to move towards 23rd position globally by 2050 from its position 31 in 2014, in terms of GDP at purchasing...