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Physics shows that energy is necessary for economic production and, therefore, economic growth but the mainstream … cointegrate and energy use Granger causes GDP when capital and other production inputs are included in the vector autoregression … theory of economic growth, except for specialized resource economics models, pays no attention to the role of energy. This …
Persistent link: https://www.econbiz.de/10013122893
Physics shows that energy is necessary for economic production and, therefore, economic growth but the mainstream … cointegrate and energy use Granger causes GDP when capital and other production inputs are included in the vector autoregression … theory of economic growth, except for specialized resource economics models, pays no attention to the role of energy. This …
Persistent link: https://www.econbiz.de/10013132447
The aim of this study is to measure and understand the long-term factors behind trends in energy and carbon intensity … in different economies. It also looks at how improvements in energy efficiency are spread to countries around the world …
Persistent link: https://www.econbiz.de/10008693248
report we use a stochastic frontier model to explain the variation in countries’ energy intensities. We use the model to … change and changes in the share of non-fossil energy. We find that China is likely to need to adopt ambitious carbon …
Persistent link: https://www.econbiz.de/10008693255
The Hicks or direct elasticity of substitution is traditionally derived from the production function. This paper …
Persistent link: https://www.econbiz.de/10005616772