Title :
Theory of optimum economic growth and energy policy
Author :
Chang, Sheldon S L
Author_Institution :
State University of New York, Stony Brook, N.Y.
fDate :
3/1/1975 12:00:00 AM
Abstract :
The present paper gives a concise but self-contained treatment of optimum economic growth theory and then reformulate it to study the policy implications of the present situation of limited energy resources of various forms. The optimum energy policy so obtained is justifiable in terms of common sense, and economic principles, but is at variance with current energy policy.
Keywords :
Energy resources; Equations; Investments; Marketing and sales; Power generation economics; Production;
Journal_Title :
Proceedings of the IEEE
DOI :
10.1109/PROC.1975.9767
