Publication
Energy conservation, unemployment and the direction of technical change
| dc.contributor.author | Kronenberg, Tobias | |
| dc.date.accessioned | 2018-06-14T09:03:12Z | |
| dc.date.available | 2018-06-14T09:03:12Z | |
| dc.date.issued | 2010-04 | |
| dc.description.abstract | This paper extends the model by Smulders and de Nooij (Resour Energy Econ 25:59–79, 2003), where technical change can be biased towards labour or energy, by assuming a monopolistic union and a government which pays unemployment benefits, collects wage taxes and sells emission permits. The extended model is applied to the analysis of environmental tax reforms. A reduction in the level of energy use yields a double dividend by lowering pollution and unemployment, while temporarily inducing energy-saving technical change. It moves the economy to a new balanced growth path where unemployment is permanently lower, but long-run growth is not aff ected. A reduction in the growth rate of energy use induces a persistent bias in technical change towards labour and reduces long-run growth. | pt_PT |
| dc.description.version | info:eu-repo/semantics/publishedVersion | pt_PT |
| dc.identifier.citation | Kronenberg, Tobias (2010). "Energy conservation, unemployment and the direction of technical change". Portuguese Economic Journal, 9(1):1-17 | pt_PT |
| dc.identifier.doi | 10.1007/s10258-009-0046-8 | pt_PT |
| dc.identifier.issn | 1617-982X (print) | |
| dc.identifier.issn | 1617-9838 (online) | |
| dc.identifier.uri | http://hdl.handle.net/10400.5/15610 | |
| dc.language.iso | eng | pt_PT |
| dc.peerreviewed | yes | pt_PT |
| dc.publisher | Springer Verlag | pt_PT |
| dc.subject | Unemployment | pt_PT |
| dc.subject | Double dividend | pt_PT |
| dc.subject | Directed technical change | pt_PT |
| dc.subject | Environmental tax reform | pt_PT |
| dc.title | Energy conservation, unemployment and the direction of technical change | pt_PT |
| dc.type | journal article | |
| dspace.entity.type | Publication | |
| oaire.citation.conferencePlace | Lisboa | pt_PT |
| oaire.citation.endPage | 17 | pt_PT |
| oaire.citation.issue | 1 | pt_PT |
| oaire.citation.startPage | 1 | pt_PT |
| oaire.citation.title | Portuguese Economic Journal | pt_PT |
| oaire.citation.volume | 9 | pt_PT |
| rcaap.rights | closedAccess | pt_PT |
| rcaap.type | article | pt_PT |