The problem of non-renewable energy resources in the production of physical capital
(2007)
Files
2007-7.pdf
Open Access - Adobe PDF
- 400.69 KB
Details
- Authors
- Abstract
- This paper studies the possibilities of technical progress to deal with the growth limit problem imposed by the usage of non-renewable energy resources, when physical capital production is relatively more energy-intensive than consumption. In particular, this work presents the conditions under which energy-saving technologies can sustain long-run growth, although energy is produced by means of non-renewable energy resources. The mechanism behind that is energy efficiency.
- Affiliations
Citations
Perez-Barahona, A. (2007). The problem of non-renewable energy resources in the production of physical capital (ECON Discussion Papers 2007/07). https://hdl.handle.net/2078.5/35018