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Please use this identifier to cite or link to this item: http://hdl.handle.net/2108/1007

Title: Essays on renewable energy, growth and sustainable development
Authors: D'Amato, Alessio
Maltsoglou, Irini
Keywords: renewable energy
growth and sustainable development
household welfare impacts
Issue Date: 7-Aug-2009
Abstract: Conditions for optimality and sustainable growth that can be reconciled with natural resource use have been discussed in the literature since the first oil shocks. In the wake of the climate change debate, the innovation is this paper is to add a renewable energy source to the Dasgupta-Heal type of framework, also including for pollution. This paper presents an intertemporal planning horizon problem in the presence of an exhaustible resource, a renewable resource and pollution. Pollution is introduced as a stock that causes disutility. The renewable energy source does not increase emissions and the amount available is not limited but, compared to the depletable resource, it is more costly. In this framework we investigate the growth rate of the economy and whether strong sustainability is achievable. We obtain a closed form solution and a stringent condition on pollution that has to be met in order achieve strong sustainability. This does not hold in the long run. - Abstract 2. In...
Description: 20. ciclo
URI: http://hdl.handle.net/2108/1007
Appears in Collections:Tesi di dottorato in economia

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Paper II_Maltsoglou_June09.pdfPaper 2398KbAdobe PDFView/Open
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Introduction_Maltsoglou_June09.pdfIntroduction146KbAdobe PDFView/Open

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