Advanced Search
MyIDEAS: Login

Growth, Volume 2: Energy, the Environment, and Economic Growth

Contents:

Author Info

  • Dale W. Jorgenson

    ()
    (Harvard University)

Registered author(s):

    Abstract

    Volume 1: Econometric General Equilibrium Modeling presents an econometric approach to general equilibrium modeling of the impact of economic policies. Earlier approaches were based on the "calibration" of general equilibrium models to a single data point. The obvious disadvantage of calibration is that it requires highly restrictive assumptions about technology and preferences, such as fixed input-output coefficients. These assumptions are contradicted by the massive evidence of energy conservation in response to higher world energy prices, beginning in 1973. The econometric approach to general equilibrium modeling successfully freed economic policy analysis from the straitjacket imposed by calibration. As a consequence of changes in energy prices and new environmental policies, a wealth of historical experience has accumulated over the past two decades. Interpreted within the framework of the neoclassical theory of economic growth, this experience provides essential guidelines for future policy formation. Volume 2: Energy, the Environment, and Economic Growth presents a new econometric general equilibrium model of the United States that captures the dynamic mechanisms underlying growth trends and responses to energy and environmental policies. Jorgenson uses the model to analyze the impacts of environmental regulations on US economic growth and tax policies for controlling US emissions of carbon dioxide.

    Download Info

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below under "Related research" whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Bibliographic Info

    as in new window
    This book is provided by The MIT Press in its series MIT Press Books with number 0262100746 and published in 1998.

    Volume: 2
    Edition: 1
    ISBN: 0-262-10074-6
    Handle: RePEc:mtp:titles:0262100746

    Contact details of provider:
    Web page: http://mitpress.mit.edu

    Related research

    Keywords: growth; energy; environment; economic growth;

    Find related papers by JEL classification:

    References

    No references listed on IDEAS
    You can help add them by filling out this form.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Dale W. Jorgenson & Richard J. Goettle & Mun S. Ho & Daniel T. Slesnick & Peter J. Wilcoxen, 2007. "U. S. labor supply and demand in the long run," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 52.
    2. Alfredo Marvão Pereira & Rui Manuel Marvão Pereira, 2008. "Is Fuel-Switching a No-Regrets Environmental Policy? VAR Evidence on Carbon Dioxide Emissions, Energy Consumption and Economic Performance in Portugal," Economics Working Papers 05_2008, University of Évora, Department of Economics (Portugal).
    3. Vouvaki, Dimitra & Xepapadeas, Anastasios, 2008. "Changes in social welfare and sustainability: Theoretical issues and empirical evidence," Ecological Economics, Elsevier, vol. 67(3), pages 473-484, October.
    4. Bergman, Lars, 2005. "CGE Modeling of Environmental Policy and Resource Management," Handbook of Environmental Economics, in: K. G. Mäler & J. R. Vincent (ed.), Handbook of Environmental Economics, edition 1, volume 3, chapter 24, pages 1273-1306 Elsevier.
    5. Jorgenson, Dale W. & Jin, Hui & Slesnick, Daniel T. & Wilcoxen, Peter J., 2013. "An Econometric Approach to General Equilibrium Modeling," Handbook of Computable General Equilibrium Modeling, Elsevier.
    6. Jin, Hui & Jorgenson, Dale W., 2010. "Econometric modeling of technical change," Journal of Econometrics, Elsevier, vol. 157(2), pages 205-219, August.
    7. Conrad, Klaus, 2001. "Computable General equilibrium Models in Environmental and Resource Economics," Discussion Papers 601, Institut fuer Volkswirtschaftslehre und Statistik, Abteilung fuer Volkswirtschaftslehre.
    8. Peter Cramton & Steven Stoft, 2009. "Global Carbon Pricing: A Better Climate Commitment," Papers of Peter Cramton 09gcp, University of Maryland, Department of Economics - Peter Cramton, revised 2009.
    9. Zhang, Jian & gan, Jianbang, 2007. "Who will Meet China's Import Demand for Forest Products?," World Development, Elsevier, vol. 35(12), pages 2150-2160, December.
    10. Alfredo Marvão Pereira & Rui M. Pereira, 2012. "Fossil Fuel Prices and the Economic and Budgetary Challenges of a Small Energy-Importing Economy: The Case of Portugal," Working Papers 115, Department of Economics, College of William and Mary.
    11. Kurt Kratena & Michael Wüger, 2010. "An Intertemporal Optimisation Model of Households in an E3-Model (Economy/Energy/Environment) Framework," WIFO Working Papers 382, WIFO.
    12. Jorgenson, Dale W. & Slesnick, Daniel T., 2008. "Consumption and labor supply," Journal of Econometrics, Elsevier, vol. 147(2), pages 326-335, December.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:mtp:titles:0262100746. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Jake Furbush).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.