This paper employs a dynamic multi-sectoral growth model with changing technology to study the technical substitution of carbon sectors by green sectors, that is, the Green Transition. The framing of this transition is based on the Flaschel-Semmler dynamic cross-dual adjustment between prices and quantities in the form of a law of excess demand and a […]
Author Archive | Oriol Vallès Codina and Willi Semmler
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