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Directed Technical Change and the British Industrial Revolution

Stern, DI; Pezzey, JCV; Lu, YY

Stern, DI (corresponding author), Australian Natl Univ, Crawford Sch Publ Policy, 132 Lennox Crossing, Acton, ACT 2601, Australia.

JOURNAL OF THE ASSOCIATION OF ENVIRONMENTAL AND RESOURCE ECONOMISTS, 2021; 8 (6): 1079

Abstract

We build a directed technical change model where one intermediate goods sector uses a fixed quantity of biomass energy ("wood") and another uses coal ......

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