|
|
|
Manh Hung Nguyen, Phu Nguyen Van, 2008. "Growth and convergence in a model with renewable and nonrenewable resources"
|
|
|
|
|
Abstract: |
This paper analyzes the transitional dynamics in a model of economic
growth with endogenous technological change and two alternative sources
of energy: newable resources and non-renewable resources. The conditions for the existence and saddle point property of the steady state are
given. Finally, we present the estimation results on the data consist of R&D energy, non-renewable energy consumption and renewable energy
consumption. |
|
View PDF |
|