Econometric general equilibrium modeling
Dale Jorgenson
Journal of Policy Modeling, 2016, vol. 38, issue 3, 436-447
Abstract:
The point of departure for the study of the impact of energy and environmental policies is the neo-classical theory of economic growth formulated by Cass (1965) and Koopmans (1967). The long-run properties of economic growth models are independent of energy and environmental policies. However, these policies affect capital accumulation and rates of productivity growth that determine the intermediate-run trends that are important for policy evaluation.
JEL-codes: C51 C68 D58 E13 O41 O51 Q43 Q50 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (4)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jpolmo:v:38:y:2016:i:3:p:436-447
DOI: 10.1016/j.jpolmod.2016.02.004
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