DEPOCEN Working Paper Series
Manh Hung Nguyen, Phu Nguyen Van, 2008. "Growth and convergence in a model with renewable and nonrenewable resources"
This paper analyzes the transitional dynamics in a model of economic growth with endogenous technological change and two alternative sources of energy: newable resources and non-renewable resources. The conditions for the existence and saddle point property of the steady state are given. Finally, we present the estimation results on the data consist of R&D energy, non-renewable energy consumption and renewable energy consumption.
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