000 01106cam a2200181 4500500
005 20250112031953.0
041 _afre
042 _adc
100 1 0 _aBureau, Dominique
_eauthor
245 0 0 _aEcological Transition and Green Investment
260 _c2016.
500 _a64
520 _aBy introducing an exhaustible resource into an AK growth model, we can identify the determinants of the scale of green investment needs and its impact on capital accumulation dynamics. The role of green capital in the transition to a low-carbon economy depends, in particular, on the relative magnitudes of the elasticities of demand for polluting goods and of the substitutability between green capital and natural resources. The impact on the optimal savings rate also depends on the productivity of green capital and on the ability to adapt existing capital.
690 _agreen investment
690 _agenuine savings
786 0 _nÉconomie & prévision | o 208-209 | 1 | 2016-12-08 | p. 57-75 | 0249-4744
856 4 1 _uhttps://shs.cairn.info/journal-economie-et-prevision-2016-1-page-57?lang=en
999 _c157745
_d157745