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This paper studies energy bias in technical change. For this purpose, we develop a computable general equilibrium model that builds on endogenous growth models. The model explicitly captures links between energy, the rate and direction of technical change, and the economy. We derive the...
Persistent link: https://www.econbiz.de/10010297442
This paper describes final energy demand for different fuels at a disaggregated level of 12 activities of the economy plus households. The model used combines single equations for total final energy demand with translog functions for inter-fuel substitution. At both stages embodied and...
Persistent link: https://www.econbiz.de/10011435045
Expanding markets for clean and efficient technologies will increase energy security and help reduce greenhouse gas emissions. But many promising technologies are still too expensive or face other obstacles to commercial deployment. Governments need to consider deployment policies to create...
Persistent link: https://www.econbiz.de/10012448047
I generalize a benchmark model of directed technical change in order to reconcile it with the historical experience of energy transitions. I show that the economy becomes increasingly locked-in to the dominant sector when machines and energy resources are substitutes, but a transition away from...
Persistent link: https://www.econbiz.de/10012455261
Persistent link: https://www.econbiz.de/10012547084
In this paper I concern the problem of properly specifying the structure of technology of French manufacturing industry, when capital is treated as quasi-fixed input. However instead of choosing a single functional form as an approximation to the variable cost function, modified versions of...
Persistent link: https://www.econbiz.de/10012769120
When analyzing potential ways to counter climate change, standard models of green growth abstract from investment in substitutability between "clean" and "dirty" energy inputs. Instead, they rely on the assumption that efficiency with respect to fossil fuels can be increased perpetually....
Persistent link: https://www.econbiz.de/10012257316
Persistent link: https://www.econbiz.de/10012307983
This volume describes more than 400 separate policy actions that IEA Member countries took to mitigate climate change in the energy sector during 1999. Listings are provided for each country with classifications of actions into five major policy approaches: fiscal policy; market policy;...
Persistent link: https://www.econbiz.de/10012443662
The elasticity of substitution between clean and dirty energy and the direction of technological change are central parameters in discussing one of the most challenging questions today, climate change. Despite their importance, there are few studies that empirically estimate these key...
Persistent link: https://www.econbiz.de/10012310748