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Economic growth and the transition from non-renewable to renewable energy

机译:经济增长以及从不可再生能源到可再生能源的过渡

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摘要

The paper considers the transition of an economy from non-renewable to renewable energy. We set up a canonical growth model with damages in the household's welfare function and two energy sources - non-renewable and renewable energy. To produce renewable energy a capital stock must be built up. A socially optimal solution is considered that takes into account the negative externality from the non-renewable energy. We also study how the optimal solution can be mimicked in a market economy by policies using subsidies and tax rates. To solve the model numerically, we use Nonlinear Model Predictive Control. We study when a transition to renewable energy takes place and whether it occurs before the non-renewable resource is exhausted. In addition, we analyze the impact of the initial values of the non-renewable resource and of the capital stock on the time of paths of the variables.
机译:本文考虑了经济从不可再生能源到可再生能源的过渡。我们建立了一个规范的增长模型,该模型损害了家庭的福利功能,并损害了两种能源-不可再生和可再生能源。为了生产可再生能源,必须建立资本存量。考虑到一种社会最优的解决方案,该解决方案考虑了不可再生能源带来的负面外部性。我们还研究了如何通过使用补贴和税率的政策在市场经济中模仿最佳解决方案。为了用数值方式求解模型,我们使用了非线性模型预测控制。我们研究何时发生向可再生能源的过渡,以及过渡是否发生在不可再生资源耗尽之前。此外,我们分析了不可再生资源和资本存量的初始值对变量路径时间的影响。

著录项

  • 来源
    《Environment and Development Economics》 |2014年第4期|417-439|共23页
  • 作者单位

    Department of Business Administration and Economics, Bielefeld University,P.O. Box 100131, Bielefeld 33613, Germany;

    Department of Mathematics, University of Bayreuth, Germany;

    Department of Economics, New School for Social Research and Department of Business Administration and Economics, Bielefeld University, Germany;

  • 收录信息 美国《科学引文索引》(SCI);
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

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