Endogenous substitution among energy resources and global warming

Journal of Political Economy

Volumn 105, Issue 6, 1997, Pages 1201-1234

  Chakravorty, Ujjayant ^a   Roumasset, James ^a   Tse, Kinping ^a  

^a UNIVERSITY OF HAWAII   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

ALTERNATIVE ENERGY; ENERGY DEMAND; ENERGY RESOURCES; ENVIRONMENTAL ECONOMICS; GLOBAL WARMING; MODELLING APPROACH; RESOURCES EXTRACTION;

EID: 0031429114     PISSN: 00223808     EISSN: None     Source Type: Journal    
DOI: 10.1086/516390     Document Type: Article

References (47)

1. Ahmed, Kulsum. "Renewable Energy Technologies - a Review of the Status and Costs of Selected Technologies." Technical Paper no. 240. Washington: World Bank, 1994.
2. British Petroleum Company. BP Statistical Review of World Energy. London: British Petroleum, June 1992.
3. Chakravorty, Ujjayant, and Krulce, Darrell L. "Heterogeneous Demand and Order of Resource Extraction." Econometrica 62 (November 1994): 1445-52.
4. Cline, William R. The Economics of Global Warming. Washington: Inst. Internat. Econ., 1992.
5. Cody, G. D., and Tiedje, T. "The Potential for Utility Scale Photovoltaic Technology in the Developed World, 1990-2010." In Energy and the Environment, edited by B. Abeles, A. J. Jacobson, and P. Sheng. Singapore: World Scientific, 1992.
6. Conn, Robert W.; Chuyanov, Valery A.; Inoue, Nobuyuki; and Sweetman, Donald R. "The International Thermonuclear Experimental Reactor." Scientific American 266 (April 1992): 103-10.
7. Dasgupta, Partha S., and Heal, Geoffrey M. "The Optimal Depletion of Exhaustible Resources." Rev. Econ. Studies (symposium; December 1974), pp. 3-28.
8. 2 Emissions: Evidence from Six Global Models." In The Costs of Cutting Carbon Emissions: Results from Global Models. Paris: Org. Econ. Co-operation and Development, 1993.
9. Department of Energy. "The Potential of Renewable Energy: An Interlaboratory White Paper." Paper no. DE90000322. Washington: Government Printing Office, 1990.
10. _. Annual Energy Outlook 1993. Washington : Government Printing Office, 1993.
11. _. A Restructured Fusion Energy Sciences Program. Advisory Report submitted to the Director of the Office of Energy Research, Department of Energy, by the Fusion Energy Advisory Committee, January 27, 1996.
12. Dracker, Raymond, and De Laquil, Pascal, III. "Progress Commercializing Solar-Electric Power Systems." Ann. Rev. Energy and Environment 21 (1996): 371-402.
13. Edmonds, Jae, and Reilly, John M. Global Energy : Assessing the Future. New York: Oxford Univ. Press, 1985.
14. Flavin, Christopher, and Tunali, Odil. "Climate of Hope: New Strategies for Stabilizing the World's Atmosphere." Paper no. 130. Washington: Worldwatch Inst., 1996.
15. Furth, Harold P. "Fusion." Scientific American 273 (September 1995): 174-76.
16. Grainger, Leslie, and Gibson, Joseph. Coal Utilization: Technology, Economics and Policy. New York: Halsted, 1981.
17. Hoagland, William. "Solar Energy." Scientific American 273 (September 1995): 170-73.
18. Hotelling, Harold. "The Economics of Exhaustible Resources." J.P.E. 39 (April 1931): 137-75.
19. Intergovernmental Panel on Climate Change. Climate Change: The IPCC Scientific Assessment, edited by John T. Houghton, Geoffrey J. Jenkins, and J. J. Ephraums. New York: Cambridge Univ. Press, 1990.
20. International Energy Agency. Coal Information 1991. Paris: OECD/Internat. Energy Agency, 1992. (a)
21. _. Electricity Supply in the OECD. Paris: OECD/Internat. Energy Agency, 1992. (b)
22. _. Energy Balances of OECD Countries, 1989-1990. Paris: OECD/Internat. Energy Agency, 1992. (c)
23. _. Energy Statistics and Balances of Non-OECD Countries, 1990-1991. Paris: OECD/Internat. Energy Agency, 1993.
24. _. World Energy Outlook 1995. Paris: OECD/Internat. Energy Agency, 1995.
25. Kemp, Murray C., and Long, Ngo Van. "On Two Folk Theorems Concerning the Extraction of Exhaustible Resources." Econometrica 48 (April 1980): 663-73.
26. Manne, Alan S.; Mendelsohn, Robert; and Richels, Richard G. "MERGE: A Model for Evaluating Regional and Global Effects of GHG Reduction Policies." Manuscript. Palo Alto, Calif.: Electric Power Res. Inst., 1993.
27. 2 Emission Reductions: The Impacts of Rising Energy Costs." Energy J. 12 (March 1991): 87-107.
28. Mestel, Rosie. "All Charged Up and Nowhere to Go." New Scientist 144 (December 3, 1994): 14-15.
29. National Renewable Energy Laboratory. "Photovoltaics Program Plan, FY 1991-FY 1995." Paper no. DOE/CH10093-92. Golden, Colo.: Nat. Renewable Energy Lab., 1992.
30. Nordhaus, William D. "The Allocation of Energy Resources." Brookings Papers Econ. Activity, no. 3 (1973), pp. 529-70.
31. _. "The Demand for Energy: An International Perspective." In International Studies of the Demand for Energy, edited by William D. Nordhaus. Amsterdam: North-Holland, 1977.
32. _. The Efficient Use of Energy Resources. New Haven, Conn.: Yale Univ. Press, 1979.
33. _. "The Cost of Slowing Climate Change: A Survey." Energy J. 12 (March 1991): 37-65.
34. _. "The 'DICE' Model: Background and Structure of a Dynamic Integrated Climate-Economy." Discussion Paper no. 1009. New Haven, Conn.: Yale Univ., Cowles Found., 1992.
35. _. "Reflections on the Economics of Climate Change." J. Econ. Perspectives 7 (Fall 1993): 11-25.
36. O'Callaghan, Paul W. Energy Management. New York: McGraw-Hill, 1993.
37. Office of Technology Assessment. Building Energy Efficiency. Washington: Government Printing Office, 1992. (a)
38. _. Fueling Development: Energy Technologies for Developing Countries. Washington: Government Printing Office, 1992. (b)
39. _. Industrial Energy Efficiency. Washington: Government Printing Office, 1993.
40. Organization for Economic Co-operation and Development. The Costs of Cutting Carbon Emissions : Results from Global Models. Paris: Org. Econ. Cooperation and Development, 1993.
41. Peck, Stephen C., and Teisberg, Thomas J. "CETA: A Model for Carbon Emissions Trajectory Assessment." Energy J. 13 (March 1992): 55-77.
42. Poterba, James M. "Global Warming Policy: A Public Finance Perspective." J. Econ. Perspectives 7 (Fall 1993): 47-63.
43. Schmalensee, Richard. "Symposium on Global Climate Change." J. Econ. Perspectives 7 (Fall 1993): 3-10.
44. Solow, Robert M., and Wan, Frederick Y. "Extraction Costs in the Theory of Exhaustible Resources." Bell J. Econ. 7 (Autumn 1976): 359-70.
45. Weinberg, Carl J., and Williams, Robert H. "Energy from the Sun." Scientific American 263 (September 1990): 147-55.
46. Woodruff, David; Armstrong, Larry; and Carey, John. "Electric Cars - Will They Work? And Who Will Buy Them?" Bus. Week (May 30, 1994), pp. 104-14.
47. World Bank. World Development Report 1992: Development and the Environment. New York: Oxford Univ. Press, 1992.