The Impact of Sustainable Development Technology on a Small Economy—The Case of Energy-Saving Technology

Datos Bibliográficos

ID15475142
AutoresXiding Chen (0000-0001-7801-2261, Wenzhou University), Qinghua Huang (0000-0003-1080-6940, Southwest University), Weilun Huang (0000-0002-5503-9418, Wenzhou University, autor de correspondencia), Xue Li (0000-0003-2994-8930, Shanghai Lixin University of Accounting and Finance)
Año2018
Volumen15
Número2
Páginas295-295
Fecha de publicación2018-02-08
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaInternational Journal of Environmental Research and Public Health (JOURNAL)
Identificadores de la revistaISSN: 1661-7827 • E-ISSN: 1660-4601
EditorialMultidisciplinary Digital Publishing Institute (PUBLISHER • CH)
DOI10.3390/ijerph15020295
PMID29419788
OpenAlexW2789687698
IdiomaEN
Referencias citadas28

We investigated the impact of a sustainable development technology on the macroeconomic variables in a small economy utilizing a case study with a stochastically improving energy saving technology and a stochastically increasing energy price. The results show the technological displacement effects of energy saving technology are stronger, but there are more ambiguous instantaneous returns to physical capital. However, the energy saving technology's displacement effects might not affect the conditions under which the Harberger-Laursen-Metzler (HLM) effect holds. The effects of rising energy prices on bonds are stronger, and there are more ambiguous instantaneous returns, but the conditions under which the HLM effect holds are different

Capital (architecture · Displacement (psychology · Econometrics · Economics · Energy (signal processing · Geography · Natural resource economics · Renewable energy · Statistics · Sustainable development · Sustainable Energy · Energy, Environment, and Transportation Policies · Energy, Environment, Economic Growth · Engineering · Market Dynamics and Volatility · Mathematics