Optimal economic growth and energy policy: analysis of nonrenewable and renewable energy

被引:3
|
作者
Sakamoto, Tomoyuki [1 ]
Managi, Shunsuke [2 ]
机构
[1] Tohoku Univ, Grad Sch Environm Studies, 6-6-20 Aramaki Aza Aoba, Sendai, Miyagi 9808579, Japan
[2] Kyushu Univ, Sch Engn, Dept Urban & Environm Engn, Global Environm,Engn Program,Nishi Ku, 744 Motooka, Fukuoka 8190395, Japan
关键词
Optimal growth model; Nonrenewable and renewable energy; Tax and subsidy;
D O I
10.1007/s10018-015-0108-3
中图分类号
F [经济];
学科分类号
02 ;
摘要
This article analyzes the taxes levied on the nonrenewable energy sector and the subsidies awarded for renewable energy use. Applying the decentralized economy model with a parallel use of two types of energy, we find that the decentralized economy cannot attain the social optimum due to externality in the market economy. Using optimal tax to attain the social optimum in the decentralized economy entails imposing it on the nonrenewable energy sector. Using damage functions for simulation in our model, we find that the worse the environmental damage is, the larger the cost.
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页码:1 / 19
页数:19
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