Friday, April 22, 2011
The Role of Energy in the Industrial Revolution and Modern Economic Growth
I wrote this paper with Astrid Kander a few months ago following my visit to Lund, but it has only just been added to RePEc. In the paper, we develop a simple model of economic growth that allows for a significant role for energy and we apply the model to the Swedish data for the 19th and 20th centuries. To keep things as simple as possible the model is an extension of the famous Solow growth
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