Theoretical Explanations for the Inverted-U Change of Historical Energy Intensity
Historical experience shows that the economy-wide energy intensity develops nonmonotonically like an inverted U, which still lacks direct theoretical explanations. Based on a model of structural change driven by technological differences, this paper provides an attempt to explore the underlying mech...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
MDPI AG
2017-06-01
|
| Series: | Sustainability |
| Subjects: | |
| Online Access: | http://www.mdpi.com/2071-1050/9/6/967 |