Economics of Endogenous Technical Change in CGE Models - The Role of Gains from Specialization

作者: Florentine Schwark

DOI: 10.2139/SSRN.1666766

关键词: Public economicsEndogenous growth theorySpecialization (functional)EconometricsComputable general equilibriumInvestment incentivesTechnical changeExogenous growthEconomicsEnergy policy

摘要: Computable general equilibrium models simulate the reaction of industries on carbon taxes. Their results differ strongly assumption underlying technologies. This paper compares two and emphasizes differences between their approaches to technology. The first model is CITE model, which with endogenous growth based gains from specialization so that dynamics result investment incentives. second a exogenous endowments, basis for many other CGE models. show unveils cannot be obtained growth. Reactions are stronger in need more time approach new balanced path.

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