Endogenous economic growth, EROI, and transition towards renewable energy
Victor Court; Pierre-André Jouvet; Frédéric Lantz;
Subject: Endogenous economic growth, net energy, EROI, energy transition.
jel: jel:C6 | jel:O4 | jel:Q3 | jel:Q4
Due to their initial lack of emphasis on energy and natural resources, exogenous and endogenous growth models have suffered the same critic regarding the limits to economic growth imposed by finite Earth resources. Thus, various optimal control models that incorporate e... View more