The problem of non-renewable energy resources in the production of physical capital

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Authors	:	Perez-Barahona, Agustin [UCL]
Document type	:	Document de travail (Working Paper)
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.
Access type	:	Accès libre
Publication date	:	2007
Collection	:	ECON Discussion Papers - 2007/07, CORE Discussion Papers - 2007/8
Affiliation	:	UCL - CORE - Center for Operations Research and Econometrics
Keywords	:	Nonrenewable resources ; Energy-saving technical progress ; Economic growth
Links	:	http://www.ires.ucl.ac.be/DP/IRES_DP/2007-7.pdf http://www.uclouvain.be/cps/ucl/doc/core/documents/ECA_V1.pdf [Handle]http://hdl.handle.net/2078.1/5071

Bibliographic reference	Perez-Barahona, Agustin. The problem of non-renewable energy resources in the production of physical capital. ECON Discussion Papers ; 2007/07 (2007)
Permanent URL	http://hdl.handle.net/2078.1/5071