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Endogenous Technical Progress in a Vintage Type Model of CO2 Emissions

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タイトル: Endogenous Technical Progress in a Vintage Type Model of CO2 Emissions
著者: Gottinger, Hans W.
発行日: 1998年 3月25日
出版者: 長崎大学経済学会
引用: 経営と経済, 77(4), pp.27-44; 1998
抄録: A vintage model of technical progress is introduced in which fossil energy input required by a piece of capital is determined by the year in which it is purchased and cannot be changed after the capital is in place. A major outcome of such a model is that the long run pattern of technical progress is neutral with respect to the inputs, if energy use is proportional to output, prices are stable, and the research budget is constant or expoentially increasing. However, if CO2 causes increases in the price of fossil fuels, through consideration of the shadow price or taxes, research will be induced to concentrate on energy because such research allows substitution away from energy.
URI: http://hdl.handle.net/10069/29105
ISSN: 02869101
資料タイプ: Departmental Bulletin Paper
原稿種類: publisher
出現コレクション:第77巻 第4号

引用URI : http://hdl.handle.net/10069/29105



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