Innovation-led transitions in energy supply (Record no. 525518)

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fixed length control field 01207nam a22001457a 4500
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fixed length control field 240319b ||||| |||| 00| 0 eng d
100 ## - MAIN ENTRY--PERSONAL NAME
Personal name Lemoine, Derek
245 ## - TITLE STATEMENT
Title Innovation-led transitions in energy supply
260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication, distribution, etc American Economic Journal: Macroeconomics
300 ## - PHYSICAL DESCRIPTION
Extent 16(1), Jan, 2024: p.29-65
520 ## - SUMMARY, ETC.
Summary, etc Generalizing models of directed technical change, I show that complementarities between innovations and factors of production (here, energy resources) can drive transitions away from a dominant sector. In a calibrated numerical implementation, the economy gradually transitions energy supply from coal to gas and then to renewable energy, even in the absence of policy. The welfare-maximizing tax on carbon emissions is J-shaped, immediately redirects most research to renewables, and rapidly transitions energy supply directly to renewables. The emission tax is twice as valuable as either the welfare-maximizing research subsidy or the welfare-maximizing mandate to use renewable resources.- Reproduced

https://www.aeaweb.org/articles?id=10.1257/mac.20200369
773 ## - HOST ITEM ENTRY
Main entry heading American Economic Journal: Macroeconomics
906 ## - LOCAL DATA ELEMENT F, LDF (RLIN)
Subject DIP ENERGY RESOURCES
942 ## - ADDED ENTRY ELEMENTS (KOHA)
Item type Articles
Holdings
Withdrawn status Lost status Source of classification or shelving scheme Damaged status Not for loan Permanent location Current location Date acquired Serial Enumeration / chronology Barcode Date last seen Koha item type
          Indian Institute of Public Administration Indian Institute of Public Administration 2024-03-19 16(1), Jan, 2024: p.29-65 AR131316 2024-03-19 Articles

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