Show simple item record

dc.contributor.authorFazlıoğlu, B. A.en_US
dc.contributor.authorSağlam, H. Ç.en_US
dc.date.accessioned2019-02-03T08:58:15Z
dc.date.available2019-02-03T08:58:15Z
dc.date.issued2012en_US
dc.identifier.issn1300-610X
dc.identifier.urihttp://hdl.handle.net/11693/48757
dc.description.abstractWe study the effects of energy saving technological progress and substitution of renewable energy resources with non-renewable resources on natural resource depletion and long run growth. We develop a growth model in two-period overlapping generations framework incorporating the presence of both renewable and non-renewable energy resources and resource augmenting technological progress. We provide an analytical characterization of the balanced growth path and analyze the conditions for the economy to exhibit positive long run growth. Then, we investigate the effects of discount factor, resource augmenting technological progress and intensity of resources in energy production on the depletion rate. We also examine whether the long run growth is sustainable or optimal. Our main finding is that the effect of an increase in the intensity of the renewable resources in producing energy on long run growth is positive. In addition although exhaustible resources are essential in production the economy can be sustained and the balanced growth path is optimal.en_US
dc.language.isoEnglishen_US
dc.source.titleİktisat İşletme ve Finansen_US
dc.relation.isversionofhttps://doi.org/10.3848/iif.2012.318.3436en_US
dc.subjectEnergy saving technological progressen_US
dc.subjectOverlapping generations modelen_US
dc.subjectLong-run growthen_US
dc.subjectOptimalityen_US
dc.subjectSustainabilityen_US
dc.titleEnergy saving technological progress in overlapping generations economies with renewable and non-renewable resourcesen_US
dc.typeArticleen_US
dc.departmentDepartment of Economicsen_US
dc.citation.spage27en_US
dc.citation.epage56en_US
dc.citation.volumeNumber27en_US
dc.citation.issueNumber318en_US
dc.identifier.doi10.3848/iif.2012.318.3436en_US
dc.publisherBilgesel Yayıncılık San. ve Tic. Ltd.en_US
dc.identifier.eissn1308-4658


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record