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Hicksian traverse revisited: Conditions for the energy transition

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  • Nguyen-Huu, Adrien
  • Pottier, Antonin

Abstract

In this article, we analyze the transition dynamics, what Hicks called the traverse, from one equilibrium toward another one—and the conditions for such a transfer—in a bi-sectoral economy with energy production under technological shocks.

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  • Nguyen-Huu, Adrien & Pottier, Antonin, 2020. "Hicksian traverse revisited: Conditions for the energy transition," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 102-111.
    • Handle: RePEc:eee:streco:v:54:y:2020:i:c:p:102-111
    DOI: 10.1016/j.strueco.2020.04.012
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    1. Nardini, Franco, 1990. "Cycle-trend dynamics in a fixwage neo-Austrian model of traverse," Structural Change and Economic Dynamics, Elsevier, vol. 1(1), pages 165-194, June.
    2. Michael A. Landesmann & Roberto Scazzieri, 1993. "Commodity Flows and Productive Subsystems: An Essay in the Analysis of Structural Change," Palgrave Macmillan Books, in: Mauro Baranzini & G. C. Harcourt (ed.), The Dynamics of the Wealth of Nations, chapter 8, pages 209-245, Palgrave Macmillan.
    3. Nguyen-Huu, Adrien & Pottier, Antonin, 2020. "Hicksian traverse revisited: Conditions for the energy transition," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 102-111.
    4. Lavoie, Marc & Ramirez-Gaston, Pablo, 1997. "Traverse in a Two-Sector Kaleckian Model of Growth with Target-Return Pricing," The Manchester School of Economic & Social Studies, University of Manchester, vol. 65(2), pages 145-169, March.
    5. Grasselli, Matheus R. & Nguyen-Huu, Adrien, 2018. "Inventory growth cycles with debt-financed investment," Structural Change and Economic Dynamics, Elsevier, vol. 44(C), pages 1-13.
    6. Bhaduri, Amit, 1975. "On the Analogy between the Quantity- and the Price-Traverse," Oxford Economic Papers, Oxford University Press, vol. 27(3), pages 455-461, November.
    7. Henry, J. & Lavoie, M., 1997. "The Hicksian traverse as a process of reproportioning: some structural dynamics," Structural Change and Economic Dynamics, Elsevier, vol. 8(2), pages 157-175, June.
    8. Jean-François Fagnart & Marc Germain, 2016. "Net energy ratio, EROEI and the macroeconomy," Post-Print hal-02987074, HAL.
    9. Fagnart, Jean-François & Germain, Marc, 2016. "Net energy ratio, EROEI and the macroeconomy," Structural Change and Economic Dynamics, Elsevier, vol. 37(C), pages 121-126.
    10. Solow, R M, 1984. "Mr. Hicks and the Classics," Oxford Economic Papers, Oxford University Press, vol. 36(0), pages 13-25, Supplemen.
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    Cited by:

    1. Raphaël Soubeyran, 2019. "Incentives, pro-social preferences and discrimination," CEE-M Working Papers hal-02056347, CEE-M, Universtiy of Montpellier, CNRS, INRA, Montpellier SupAgro.
    2. Nguyen-Huu, Adrien & Pottier, Antonin, 2020. "Hicksian traverse revisited: Conditions for the energy transition," Structural Change and Economic Dynamics, Elsevier, vol. 54(C), pages 102-111.

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