Carbon taxes remain economists favoured policy tool to curb emissions, but are unpopular among segments of the populations. Theoretical and numerical work tends to show the effectiveness of carbon taxes, but ex-post empirical analyses are still rare. In this paper we attempt to bridge this gap....

We set up an endogenous growth model in which the efficiency of both capital and fossil energy can be improved, whereas the efficiency of one alternative energy source is limited. With capital and energy as complements, there exist two steady states: one stagnant where energy is fully derived...

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...