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Content archived on 2024-06-16

Economic growth and the use of non-renewable energy resources

Objective

A central problem involving usage of natural resource is the management of non-renewable resources to generate energy such as fossil fuels. Authors like Dasgupta and Heal (1974), Hartwick (1989), and Smulders and Nooij (2003) point out that the use of non-renewable energy resources undoubtedly implies a limit to economic growth and development of modern economies.

However, the same authors and others, namely Newell et al. (2000), Loschel (2002), and Carraro (2003) believe in technical progress as a way to solve the problem. Considering this as an option, one possible solution to the previous problem is the development of technologies that use renewable energy resources. Yet, these kinds of technologies cannot compete with the fossil fuel technology to produce energy, because of their slow development.

However, Boucekkine and Pommeret (2002) point out that the use of energy-saving technologies is an alternative and/or complement to the solution of renewable energy resources. The idea is of energy-efficiency: n on-renewable resources produce energy, but unnecessary energy losses are minimised in both the energy production process and the energy usage.

The primary goal of my project is to contribute to the analysis of the relationship between economic growth and t he use of non-renewable energy resources such as fossil fuel. More precisely, I will study the conditions under which energy-saving technologies can sustain long run growth, although energy is mainly produced by non-renewable natural resources.

A general equilibrium framework will be considered, giving special attention to the dynamical properties of the economy. My main target is to emphasize the role of energy-saving technical progress as a convincing solution to the trade-off between economic growth and the use of non-renewable energy resources.

Fields of science (EuroSciVoc)

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Keywords

Project’s keywords as indicated by the project coordinator. Not to be confused with the EuroSciVoc taxonomy (Fields of science)

Topic(s)

Calls for proposals are divided into topics. A topic defines a specific subject or area for which applicants can submit proposals. The description of a topic comprises its specific scope and the expected impact of the funded project.

Call for proposal

Procedure for inviting applicants to submit project proposals, with the aim of receiving EU funding.

FP6-2005-MOBILITY-5
See other projects for this call

Funding Scheme

Funding scheme (or “Type of Action”) inside a programme with common features. It specifies: the scope of what is funded; the reimbursement rate; specific evaluation criteria to qualify for funding; and the use of simplified forms of costs like lump sums.

EIF - Marie Curie actions-Intra-European Fellowships

Coordinator

CENTRE NATIONAL DE LA RECHERCHE SCIENTIFIQUE
EU contribution
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Total cost

The total costs incurred by this organisation to participate in the project, including direct and indirect costs. This amount is a subset of the overall project budget.

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