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Persistent link: https://www.econbiz.de/10002198836
Predicting long-run growth effects of decarbonization is subject to high uncertainty. Awareness of limitations of growth forecasts should be raised. Scientific communication should aim at forecasts being misused in the political debate. Comparative analysis of growth effects can have value for...
Persistent link: https://www.econbiz.de/10014433791
Persistent link: https://www.econbiz.de/10008934319
The paper aims at extending the debate on Environmental Kuznets Curves to the case of non-renewable resources and to discuss the driving forces that might give rise to EKC's in this case. The paper at hand deviates from the standard EKC analysis in two ways: First, mostly EKC's are analyzed for...
Persistent link: https://www.econbiz.de/10003348308
Persistent link: https://www.econbiz.de/10003092540
We analyse long-term consumption paths in a dynamic two-sector economy with overlapping generations. Each young generation saves for the retirement age, both with private savings and pension funds. The productivity of each sector can be raised by sector-specific research while the essential use...
Persistent link: https://www.econbiz.de/10002634021
We analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical...
Persistent link: https://www.econbiz.de/10014202253
We analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical...
Persistent link: https://www.econbiz.de/10014214475
Persistent link: https://www.econbiz.de/10003981460
We analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical...
Persistent link: https://www.econbiz.de/10008746684