Matches in SemOpenAlex for { <https://semopenalex.org/work/W2293937780> ?p ?o ?g. }
Showing items 1 to 81 of
81
with 100 items per page.
- W2293937780 abstract "We study the adaptation of new technologies by renewable energy-producing firms in a dynamic general equilibrium model where energy is an input in the production of goods. Energy can come from fossil or renewable sources. Both require the use of capital, which is also needed in the production of final goods. Renewable energy firms can invest in improving the productivity of their capital stock. The actual improvement is random and subject to spillovers. Productivity improvements by renewable firms require scrapping some of their existing capital. Together with spill-overs, this leads to under-investment in improving the productivity of renewable energy capital. In the presence of environmental externalities, the optimal allocation can be implemented through a Pigouvian tax on fossil fuel, together with a policy which promotes adaptation of new renewable technologies by taxing firms proportional to their under-scrapping. An implication of our analysis is that it is not optimal to make large investments in new technologies where progress is fast and where current capital becomes obsolete before long. We calibrate the model using world-economy data in order to study the implications of various proposed tax/subsidy scenarios for economic growth." @default.
- W2293937780 created "2016-06-24" @default.
- W2293937780 creator A5015439757 @default.
- W2293937780 creator A5039169720 @default.
- W2293937780 creator A5070982351 @default.
- W2293937780 date "2012-01-01" @default.
- W2293937780 modified "2023-09-27" @default.
- W2293937780 title "Renewable Technology Adoption and the Macroeconomy" @default.
- W2293937780 hasPublicationYear "2012" @default.
- W2293937780 type Work @default.
- W2293937780 sameAs 2293937780 @default.
- W2293937780 citedByCount "0" @default.
- W2293937780 crossrefType "posted-content" @default.
- W2293937780 hasAuthorship W2293937780A5015439757 @default.
- W2293937780 hasAuthorship W2293937780A5039169720 @default.
- W2293937780 hasAuthorship W2293937780A5070982351 @default.
- W2293937780 hasConcept C118661131 @default.
- W2293937780 hasConcept C119599485 @default.
- W2293937780 hasConcept C127413603 @default.
- W2293937780 hasConcept C134560507 @default.
- W2293937780 hasConcept C136264566 @default.
- W2293937780 hasConcept C139719470 @default.
- W2293937780 hasConcept C162324750 @default.
- W2293937780 hasConcept C166957645 @default.
- W2293937780 hasConcept C175605778 @default.
- W2293937780 hasConcept C187452473 @default.
- W2293937780 hasConcept C188573790 @default.
- W2293937780 hasConcept C204983608 @default.
- W2293937780 hasConcept C34447519 @default.
- W2293937780 hasConcept C40700 @default.
- W2293937780 hasConcept C548081761 @default.
- W2293937780 hasConcept C68189081 @default.
- W2293937780 hasConcept C83646750 @default.
- W2293937780 hasConcept C84265765 @default.
- W2293937780 hasConcept C95457728 @default.
- W2293937780 hasConceptScore W2293937780C118661131 @default.
- W2293937780 hasConceptScore W2293937780C119599485 @default.
- W2293937780 hasConceptScore W2293937780C127413603 @default.
- W2293937780 hasConceptScore W2293937780C134560507 @default.
- W2293937780 hasConceptScore W2293937780C136264566 @default.
- W2293937780 hasConceptScore W2293937780C139719470 @default.
- W2293937780 hasConceptScore W2293937780C162324750 @default.
- W2293937780 hasConceptScore W2293937780C166957645 @default.
- W2293937780 hasConceptScore W2293937780C175605778 @default.
- W2293937780 hasConceptScore W2293937780C187452473 @default.
- W2293937780 hasConceptScore W2293937780C188573790 @default.
- W2293937780 hasConceptScore W2293937780C204983608 @default.
- W2293937780 hasConceptScore W2293937780C34447519 @default.
- W2293937780 hasConceptScore W2293937780C40700 @default.
- W2293937780 hasConceptScore W2293937780C548081761 @default.
- W2293937780 hasConceptScore W2293937780C68189081 @default.
- W2293937780 hasConceptScore W2293937780C83646750 @default.
- W2293937780 hasConceptScore W2293937780C84265765 @default.
- W2293937780 hasConceptScore W2293937780C95457728 @default.
- W2293937780 hasLocation W22939377801 @default.
- W2293937780 hasOpenAccess W2293937780 @default.
- W2293937780 hasPrimaryLocation W22939377801 @default.
- W2293937780 hasRelatedWork W1551652244 @default.
- W2293937780 hasRelatedWork W1964174533 @default.
- W2293937780 hasRelatedWork W1965191719 @default.
- W2293937780 hasRelatedWork W1976673478 @default.
- W2293937780 hasRelatedWork W2022022357 @default.
- W2293937780 hasRelatedWork W2060911455 @default.
- W2293937780 hasRelatedWork W2143273534 @default.
- W2293937780 hasRelatedWork W2162111711 @default.
- W2293937780 hasRelatedWork W2179557823 @default.
- W2293937780 hasRelatedWork W2272874432 @default.
- W2293937780 hasRelatedWork W2562264738 @default.
- W2293937780 hasRelatedWork W2620230719 @default.
- W2293937780 hasRelatedWork W2968822513 @default.
- W2293937780 hasRelatedWork W2994071592 @default.
- W2293937780 hasRelatedWork W3125160581 @default.
- W2293937780 hasRelatedWork W3125462474 @default.
- W2293937780 hasRelatedWork W3173913990 @default.
- W2293937780 hasRelatedWork W3175495271 @default.
- W2293937780 hasRelatedWork W3196789457 @default.
- W2293937780 hasRelatedWork W827305535 @default.
- W2293937780 isParatext "false" @default.
- W2293937780 isRetracted "false" @default.
- W2293937780 magId "2293937780" @default.
- W2293937780 workType "article" @default.