| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w18456 |
| 来源ID | Working Paper 18456 |
| Energy-Saving Technical Change | |
| John Hassler; Per Krusell; Conny Olovsson | |
| 发表日期 | 2012-10-11 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | We estimate an aggregate production function with constant elasticity of substitution between energy and a capital/labor composite using U.S. data. The implied measure of energy-saving technical change appears to respond strongly to the oil-price shocks in the 1970s and has a negative medium-run correlation with capital/labor-saving technical change. Our findings are suggestive of a model of directed technical change, with low short-run substitutability between energy and capital/labor but significant substitutability over longer periods through technical change. We construct such a model, calibrate it based on the historical data, and use it to discuss possibilities for the future. |
| 主题 | Macroeconomics ; Development and Growth ; Innovation and R& ; D ; Environmental and Resource Economics |
| URL | https://www.nber.org/papers/w18456 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/576131 |
| 推荐引用方式 GB/T 7714 | John Hassler,Per Krusell,Conny Olovsson. Energy-Saving Technical Change. 2012. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w18456.pdf（397KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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