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来源类型Working papers
规范类型论文
DOI10.3929/ethz-a-005666561
Sectoral heterogeneity, resource depletion, and directed technical change: theory and policy
Pittel, Karen; Bretschger, Lucas
发表日期2008-09
出版者Center of Economic Research at ETH Zurich
出版年2008
语种英语
摘要We analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical change is found to be biased towards the resource-intensive sector. Resource taxes have no impact on dynamics except when the tax rate varies over time. Constant research subsidies raise the growth rate while increasing subsidies have the opposite effect. We also find that supporting sectors by providing them with productivity enhancing public goods can raise the growth rate of the economy and additionally provide an effective tool for structural policy.
主题sustainable development ; sectoral heterogeneity ; directed technical change
URLhttps://www.research-collection.ethz.ch/handle/20.500.11850/327448
来源智库Centre for Energy Policy and Economics (Switzerland)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/266662
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GB/T 7714
Pittel, Karen,Bretschger, Lucas. Sectoral heterogeneity, resource depletion, and directed technical change: theory and policy. 2008.
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