Growth and convergence in a model with renewable and nonrenewable resources

This paper analyzes the transitional dynamics in a model of economic growth with endogenous technological change and two alternative sources of energy: renewable and non-renewable resources. The conditions for the existence and saddle point property of the steady state are given. Finally, we present the estimation results on the data consisting of R&D energy, non-renewable energy consumption and renewable energy consumption.

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Year of publication:	2008-07
Authors:	Nguyen, Manh Hung ; Van, Phu Nguyen
Institutions:	Development and Policies Research Center (Depocen)
Subject:	Optimal growth \| existence of equilibrium \| transitional dynamics \| energy \| renewable resources \| nonrenewable resources

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Extent:	application/pdf
Series:	Working Papers.
Type of publication:	Book / Working Paper
Notes:	Number 21 30 pages
Classification:	D51 - Exchange and Production Economies ; E13 - Neoclassical
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10004968647