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 … solution in which only technologies are developed that are appropriate for production of non-energy intensive goods. …

Physics shows that energy is necessary for economic production and, therefore, economic growth but the mainstream … theory of economic growth, except for specialized resource economics models, pays no attention to the role of energy. This …. A possible synthesis of energy-based and mainstream models is presented. This model shows that when energy is scarce it …

Physics shows that energy is necessary for economic production and, therefore, economic growth but the mainstream … theory of economic growth, except for specialized resource economics models, pays no attention to the role of energy. This …. A possible synthesis of energy-based and mainstream models is presented. This model shows that when energy is scarce it …