Showing 21 - 30 of 815,519
capital makes it possible to assess the interplay between innovation, human capital, climate change, and education policies …. Results indicate that climate policy stimulates a dedicated form of energy-knowledge without reducing generic R&D investments … complement to energy, climate policy reduces education investments, on which human capital is built. However, inspection of a …
Persistent link: https://www.econbiz.de/10008556586
The nature of energy and material resources in an endogenous growththeory framework isclarified. This involves three …
Persistent link: https://www.econbiz.de/10010324532
For analyzing the impact of climate change and of international climate policies on the international division of labor and on regional welfare the use of a disaggregated multi–sectoral, multi–regional dynamic computable general equilibrium model is appropriate. This paper discusses the...
Persistent link: https://www.econbiz.de/10011495313
evaluating optimal near-term innovation investment portfolios in four key clean energy technologies (solar, biofuels …, technological change is highly uncertain and capital intensive, requiring risky efforts in research and development of clean energy … produced by climate-economy models while introducing the dimension of uncertainty in innovation ef- forts, without succumbing …
Persistent link: https://www.econbiz.de/10011622101
The paper develops the Basic Climate Economic (BCE) model featuring the core elements of climate economics and climate policy. The BCE model incorporates fossil stock depletion, pollution stock accumulation, endogenous growth, and climate-induced capital depreciation. We first use graphical...
Persistent link: https://www.econbiz.de/10011904761
We derive the optimal contributions to global climate policy when countries differ with respect to income level and pollution intensity. Countries' growth rates are determined endogenously, and abatement efficiency is improved by technical progress. We show that country heterogeneity has a...
Persistent link: https://www.econbiz.de/10011920831
interventions on final-use energy consumption, an important driver of carbon emissions. In the model, energy demand is driven by … directed technical change. Energy supply is subject to increasing extraction costs. The model is consistent with aggregate … evidence on energy use, efficiency, and prices in the United States, as well as the standard balanced growth facts. I use the …
Persistent link: https://www.econbiz.de/10013300865
more flexible specifications and for small data samples. We evaluate the role of energy inputs in an aggregate production … estimates upwards. The estimated low elasticity means that energy availability is a potentially limiting factor for growth and … that productivity gains for capital and labor are energy-using …
Persistent link: https://www.econbiz.de/10012969601
, tertiary activities and energy-intensive firms). Elasticities of substitution between capital, labour and energy are identified …
Persistent link: https://www.econbiz.de/10013062221
We derive the optimal contributions to global climate policy when countries differ with respect to income level and pollution intensity. Countries growth rates are determined endogenously, and abatement efficiency is improved by technical progress. We show that country heterogeneity has a...
Persistent link: https://www.econbiz.de/10012909662