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energy in economic growth despite energy being an essential production input. We demonstrate this by developing a simple … extension of the Solow growth model, which we use to investigate 200 years of Swedish data. We find that the elasticity of … they strongly constrain output growth resulting in a Malthusian steady-state. When energy services are abundant the economy …
Persistent link: https://www.econbiz.de/10014186099
The paper analyzes the effects of varying climate impacts on the social cost of carbon and economic growth. We use … resources which cause greenhouse gas emissions; pollution stock harms capital and reduces economic growth. We find a big effect … of the selected damage function on the social cost of carbon and a significant impact on the growth rate. In our …
Persistent link: https://www.econbiz.de/10012946363
can be used to strategically inform environmental policy makers and concludes with an overview of the green growth policy …
Persistent link: https://www.econbiz.de/10012954683
growth. Consumption growth is considered under welfare and sustainability aspects. The framework features capital … and population growth are presented. The setup highlights the dual role of used inputs as a source of environmental … environment and economic growth can be compatible but that small deviations from the optimal paths my entail unsustainable …
Persistent link: https://www.econbiz.de/10012981598
In recent years, sustainability has represented one of the most important policy goals explored in the environmental Kuznets curve (EKC) literature. But related hypotheses, performance measures and results continue to present a challenge. The present paper contributes to this ongoing literature...
Persistent link: https://www.econbiz.de/10013053065
The paper presents a Kaleckian extended model exploring sustainable development, defined as growth that is economically … coalition promotes sustainable and inclusive growth but may face trade imbalances depending on public investment's ability to … boost non-price competitiveness. The GB alliance yields sustainable but non-inclusive growth with a high long-term deficit …
Persistent link: https://www.econbiz.de/10015163479
In recent years, sustainability has represented one of the most important policy goals explored in the environmental Kuznets curve (EKC) literature. But related hypotheses, performance measures and results continue to present a challenge. The present paper contributes to this ongoing literature...
Persistent link: https://www.econbiz.de/10010350476
prices on growth. In the short run, growth is hampered by increasing energy prices. In the long run, however, capital … inputs where growth increases with rising energy prices. In the empirical part, estimations using di¤erent channels and …, they can even be positive for growth. …
Persistent link: https://www.econbiz.de/10011793191
prices on growth. In the short run, growth is hampered by increasing energy prices. In the long run, however, capital … inputs where growth increases with rising energy prices. In the empirical part, estimations using di¤erent channels and …, they can even be positive for growth …
Persistent link: https://www.econbiz.de/10014059595
As part of the sustainable energy transition in Germany, substantial investments into power grid infrastructure are planned. They are intended to provide flexibility to an electricity system increasingly relying on variable renewable energy sources, and on European interconnection. The...
Persistent link: https://www.econbiz.de/10012833096