Directed Technological Change and Energy Efficiency Improvements
نویسندگان
چکیده
منابع مشابه
Energy Efficiency and Directed Technical Change
I construct a putty-clay model of directed technical change and use it to analyze the effect of environmental policy on energy use in the United States. The model matches key data patterns that cannot be explained by the standard Cobb-Douglas approach used in climate change economics. In particular, the model captures both the shortand long-run elasticity of substitution between energy and non-...
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ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2015
ISSN: 1556-5068
DOI: 10.2139/ssrn.2659034