Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 360288
Title Energy biased technical change: A CGE analysis
Author(s) Otto, V.M.; Löschel, A.; Dellink, R.B.
Source Resource and Energy Economics 29 (2007)2. - ISSN 0928-7655 - p. 137 - 158.
Department(s) Environmental Economics and Natural Resources Group
Publication type Refereed Article in a scientific journal
Publication year 2007
Keyword(s) endogenous technological-change - co2 abatement - growth - model
Abstract This paper studies energy bias in technical change. For this purpose, we develop a computable general-equilibrium model that builds on endogenous growth models. The model explicitly captures links between energy, the rate and direction of technical change, and the economy. We show the importance of feedback in technical change, substitution possibilities between final goods, and general-equilibrium effects for energy bias in technical change. If the feedback effect is strong, or the substitution elasticity large, or both, our model tends to a corner solution in which only technologies are developed that are appropriate for production of non-energy intensive goods.
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