Hicksian traverse revisited: Conditions for the energy transition

Adrien Nguyen-Huu and Antonin Pottier

Structural Change and Economic Dynamics, 2020, vol. 54, issue C, 102-111

Abstract: In this article, we analyze the transition dynamics, what Hicks called the traverse, from one equilibrium toward another one—and the conditions for such a transfer—in a bi-sectoral economy with energy production under technological shocks.

Keywords: Hicks traverse; Fixed production technology; Equilibrium analysis; Traverse analysis; Energy economy; Sectoral economy (search for similar items in EconPapers)
Date: 2020
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Working Paper: Hicksian Traverse Revisited: Conditions for the Energy Transition (2020)
Working Paper: Hicksian Traverse Revisited: Conditions for the Energy Transition (2019)
Working Paper: Hicksian Traverse Revisited: Conditions for the Energy Transition (2019)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:streco:v:54:y:2020:i:c:p:102-111

DOI: 10.1016/j.strueco.2020.04.012

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