1980s, and the model with energy-saving technological progress is able to explain the drop in the energy-GNP ratio well. … investigated: (i) the substitution effect due to changes in the relative price of energy, and (ii) energy-saving technological … progress. The findings are as follows. First, the substitution effect alone is weak and alone cannot account for the decline in …

We develop a general equilibrium vintage capital model with energy-saving technological progress and an explicit energy …

We develop a general equilibrium multi-sector vintage capital model with energy-saving technological progress and an … Classiflcation codes: O40; E22; Q40 Key words: Energy-saving technological progress; vintage capital; market imperfec- tions; natural … devoted to the analysis of long-term consequences of exogenous energy-saving technological progress, highlighting some non …

We develop a general equilibrium vintage capital model with embodied energy-saving technological progress and an …

We develop a general equilibrium vintage capital model with embodied energy- saving technological progress and an …

We study the effects of energy saving technological progress and substitution of renewable energy resources with non …

We first provide an empirical sstudy of the energy-saving technological progress on the ENERDATA database. Energy …

We develop a general equilibrium vintage capital model with embodied energy- saving technological progress and an … embodied energy- saving technological progress and an explicit energy market to study the impact of investment subsidies on …: Energy-saving technological progress; vintage capital; energy market; natural monopoly; investment subsidies x Financial …