Growth and convergence in a model with renewable and nonrenewable resources
AbstractThis paper analyzes the transitional dynamics in a model of economic growth with endogenous technological change and two alternative sources of energy: renewable and non-renewable resources. The conditions for the existence and saddle point property of the steady state are given. Finally, we present the estimation results on the data consisting of R&D energy, non-renewable energy consumption and renewable energy consumption.
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Bibliographic InfoPaper provided by LERNA, University of Toulouse in its series LERNA Working Papers with number 08.28.272.
Date of creation: Oct 2008
Date of revision:
Other versions of this item:
- Manh Hung Nguyen & Phu Nguyen Van, 2008. "Growth and convergence in a model with renewable and nonrenewable resources," Working Papers 21, Development and Policies Research Center (DEPOCEN), Vietnam.
- D51 - Microeconomics - - General Equilibrium and Disequilibrium - - - Exchange and Production Economies
- E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
This paper has been announced in the following NEP Reports:
- NEP-ALL-2008-11-04 (All new papers)
- NEP-DEV-2008-11-04 (Development)
- NEP-ENV-2008-11-04 (Environmental Economics)
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