Energy investment and economic growth. A simplified approach

Samouilidis, J-E; Mitropoulos, CS

dc.contributor.author	Samouilidis, J-E	en
dc.contributor.author	Mitropoulos, CS	en
dc.date.accessioned	2014-03-01T01:06:09Z
dc.date.available	2014-03-01T01:06:09Z
dc.date.issued	1983	en
dc.identifier.issn	0140-9883	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/9195
dc.relation.uri	http://www.scopus.com/inward/record.url?eid=2-s2.0-0021028152&partnerID=40&md5=5c4ae0f789b051ed6cf514311104ed70	en
dc.subject	Economic growth	en
dc.subject	Energy investment	en
dc.subject	Modelling	en
dc.subject.classification	Economics	en
dc.title	Energy investment and economic growth. A simplified approach	en
heal.type	journalArticle	en
heal.language	English	en
heal.publicationDate	1983	en
heal.abstract	A model is developed to investigate the effect of energy investment on economic growth under a set of simplifying assumptions. The economy is treated as a two sector aggregate; the energy sector and the rest of the economy, whereas the model describing the energy-economy interaction is linear to the differential changes of the variables, adaptable to structural evolution and requires a modest amount of data for initialization. It can be used in a single stage or an iterative mode to produce outcomes for the short and medium run. The analysis reveals that energy productive investment has had an impact on the rate of formation of the non-energy capital stock and subsequently on economic growth. These effects appear amplified under a regime of increasing energy price. © 1983.	en
heal.publisher	ELSEVIER SCI LTD	en
heal.journalName	Energy Economics	en
dc.identifier.isi	ISI:A1983RJ72900003	en
dc.identifier.volume	5	en
dc.identifier.issue	4	en
dc.identifier.spage	237	en
dc.identifier.epage	246	en