Please use this identifier to cite or link to this item: https://hdl.handle.net/2440/111110
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dc.contributor.authorVan Long, N.-
dc.contributor.authorStähler, F.-
dc.date.issued2018-
dc.identifier.citationEnvironmental and Resource Economics, 2018; 69(1):159-166-
dc.identifier.issn0924-6460-
dc.identifier.issn1573-1502-
dc.identifier.urihttp://hdl.handle.net/2440/111110-
dc.descriptionPublished online: 30 September 2016-
dc.description.abstractThis paper demonstrates that technological progress in production of renewable energy can influence the extraction path of fossil fuels indirectly by a change in the equilibrium interest rate. We show in a simple model that the indirect effect can be so strong that firstperiod or even aggregate extraction levels rise with green technological progress, contrary to popular expectations.-
dc.description.statementofresponsibilityNgo Van Long, Frank Stähler-
dc.language.isoen-
dc.publisherSpringer Netherlands-
dc.rights© Springer Science+Business Media Dordrecht 2016-
dc.source.urihttp://dx.doi.org/10.1007/s10640-016-0069-4-
dc.subjectResource extraction; technological progress; general equilibrium-
dc.titleGeneral Equilibrium Effects of Green Technological Progress-
dc.typeJournal article-
dc.identifier.doi10.1007/s10640-016-0069-4-
pubs.publication-statusPublished-
Appears in Collections:Aurora harvest 8
Economics publications

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