The impact of energy conservation on technology and economic growth

We present a model of growth driven by energy use and endogenous factor-augmenting technological change. Both the rate and direction of technological progress are endogenous. The model captures four main stylised facts: total energy use has increased; energy use per hour worked increased slightly; e...

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Veröffentlicht in:Resource and energy economics 2003-02, Vol.25 (1), p.59-79
Hauptverfasser: Smulders, Sjak, de Nooij, Michiel
Format: Artikel
Sprache:eng
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