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Innovative investments, natural resources, and intergenerational fairness: Are pension funds good for sustainable development?
(2005)Economics Working Paper SeriesWorking Paper -
The implications of heterogeneous resource intensities on technical change and growth
(2009)Economics Working Paper SeriesWe analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical change is found to be biased towards the resource-intensive sector. Resource taxes have no impact on dynamics except when the tax rate varies over ...Working Paper -
Twenty Key Questions in Environmental and Resource Economics
(2019)Economics Working Paper SeriesEconomic and ecological systems are closely interlinked at a global and a regional level, offering a broad variety of challenging research topics in environ- mental and resource economics. The successful identification of key questions for current and future research supports development of novel theories, empirical applications, and appropriate policy designs. It allows establishing a future- oriented research agenda whose ultimate ...Working Paper -
Sectoral heterogeneity, resource depletion, and directed technical change: theory and policy
(2008)Economics Working Paper SeriesWe analyze an economy in which sectors are heterogeneous with respect to the intensity of natural resource use. Long-term dynamics are driven by resource prices, sectoral composition, and directed technical change. We study the balanced growth path and determine stability conditions. Technical change is found to be biased towards the resource-intensive sector. Resource taxes have no impact on dynamics except when the tax rate varies over ...Working Paper