Energy Supply and the Sustainability of Endogenous Growth
AbstractThe paper provides an introduction to energy and, respective resource use within the framework of endogenous growth models. We provide an overview of different modeling approaches as well as intuition with respect to the results obtained. We consider the source problem, i.e. the supply of energy, as well as the sink problem, i.e. pollution generated by the consumption of energy resources. The introduction to the theoretical framework shortly discusses the use of neoclassical versus endogenous growth models and also points to the implications of the different types of endogenous growth approaches. We additionally give an introduction to CGE-models that include energy use and present an example of a numerical solvable model in detail. The paper closes with a look at possible future research.
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Bibliographic InfoPaper provided by BC3 in its series Working Papers with number 2010-10.
Date of creation: Jul 2010
Date of revision:
Publication status: Published
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Web page: http://www.bc3research.org/
endogenous growth; energy; resources; pollution; CGE-models;
This paper has been announced in the following NEP Reports:
- NEP-ALL-2010-07-24 (All new papers)
- NEP-CMP-2010-07-24 (Computational Economics)
- NEP-ENE-2010-07-24 (Energy Economics)
- NEP-ENV-2010-07-24 (Environmental Economics)
- NEP-FDG-2010-07-24 (Financial Development & Growth)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Zon, Adriaan van & Yetkiner, I. Hakan, 2003.
"An endogenous growth model with embodied energy-saving technical change,"
Open Access publications from Maastricht University
urn:nbn:nl:ui:27-14917, Maastricht University.
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- Corrado Di Maria & Simone Valente, 2006.
"The Direction of Technical Change in Capital-Resource Economies,"
CER-ETH Economics working paper series
06/50, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
- Di Maria, Corrado & Valente, Simone, 2006. "The Direction of Technical Change in Capital-Resource Economies," MPRA Paper 1040, University Library of Munich, Germany.
- van der Zwaan, B. C. C. & Gerlagh, R. & G. & Klaassen & Schrattenholzer, L., 2002. "Endogenous technological change in climate change modelling," Energy Economics, Elsevier, vol. 24(1), pages 1-19, January.
- John Foster, 2013.
"Energy, Knowledge and Economic Growth,"
Energy Economics and Management Group Working Papers
3-2013, School of Economics, University of Queensland, Australia.
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