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来源类型 | Research papers |
规范类型 | 报告 |
Productive Energy Consumption and Economic Growth : An endogeneous Growth Model and Its Empirical Application (KEEI-96-WP-01) | |
Y. S. Moon; Y. H. Sonn | |
发表日期 | 1996-12-31 |
出版年 | 1996 |
语种 | 英语 |
摘要 | Abstract Economic growth rate rises initially with productive energy expenditures but subsequently declines. The hypothetical social planner might set optimal energy intensity. The optimal growth rate is attained at the point where energy expenditure is equal to its competitive market share. When the imperfect competitiveness of the international energy market makes the economy deviate from the optimal state, the role of the government to make the private sector change its energy use pattern becomes important. By the same token, when the world energy market is competitive, the distortionary energy price control by government may harm the economy in the long run. 17 pages, 6 refs., 2 figs., 1 tabs., Language: English |
URL | http://www.keei.re.kr/web_keei/en_publish.nsf/by_report_year/1730CC1564A8C91E49256962002AF6A9?OpenDocument |
来源智库 | Korea Energy Economics Institute (Republic of Korea) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/322107 |
推荐引用方式 GB/T 7714 | Y. S. Moon,Y. H. Sonn. Productive Energy Consumption and Economic Growth : An endogeneous Growth Model and Its Empirical Application (KEEI-96-WP-01). 1996. |
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