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Optimal multi-phase transition paths toward a global green economy: Evidence from the indian livestock sector

Research output: Working paper / PreprintWorking paper

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Abstract

Economic growth thus far has been closely linked to the bulk conversion of energy stored in carbon based fuels (wood, coal, oil, natural gas) into useful work. Burning such fuels gives rise to CO2-emissions. These emissions, together with other greenhouse gasses (GHG's) like methane, are now thought to be responsible for a considerable warming of the earth's atmosphere in the present and for years to come. That is bad
Original languageEnglish
Place of PublicationMaastricht
PublisherUNU-MERIT
Publication statusPublished - 1 Jan 2012

Publication series

SeriesUNU-MERIT Working Papers
Number079
ISSN1871-9872

JEL classifications

  • o31 - Innovation and Invention: Processes and Incentives
  • o32 - Management of Technological Innovation and R&D
  • o33 - "Technological Change: Choices and Consequences; Diffusion Processes"
  • o41 - One, Two, and Multisector Growth Models
  • o44 - Environment and Growth
  • q54 - "Climate; Natural Disasters; Global Warming"
  • q55 - Environmental Economics: Technological Innovation

Keywords

  • global warming
  • tipping point
  • catastrophic climate instability
  • extreme weather related damages
  • R&D based technical change
  • embodied technical change
  • optimal sequencing
  • multi-stage optimal control
  • sustainable endogenous growth.

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