TY - GEN
T1 - Alternative energy, security constraints and the development of bio-energy
AU - You, Zhuoya
AU - Dong, Miaomiao
PY - 2010
Y1 - 2010
N2 - With the soaring of energy prices and environmental pollution brought by fossil-fuel consumption, bio-energy as a clean and sustainable energy, captures attentions of both governments and researchers. Although lots of literature discusses the effects of bio-energy policies, little studies the effects of government policy on economic growth. In this paper, we build an endogenous growth model to analyze government support for biomass energy and environmental protection, the dynamic relationship between bio-energy consumption and economic growth. From the analysis, we find that the development of bio-energy could result in a negative impact to agricultural production in a short time, but in the long run it can promote economic development. Besides, government's persistent support could increase long-term economic growth rate.
AB - With the soaring of energy prices and environmental pollution brought by fossil-fuel consumption, bio-energy as a clean and sustainable energy, captures attentions of both governments and researchers. Although lots of literature discusses the effects of bio-energy policies, little studies the effects of government policy on economic growth. In this paper, we build an endogenous growth model to analyze government support for biomass energy and environmental protection, the dynamic relationship between bio-energy consumption and economic growth. From the analysis, we find that the development of bio-energy could result in a negative impact to agricultural production in a short time, but in the long run it can promote economic development. Besides, government's persistent support could increase long-term economic growth rate.
UR - http://www.scopus.com/inward/record.url?scp=78649418671&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=78649418671&partnerID=8YFLogxK
U2 - 10.1109/ICMSS.2010.5577089
DO - 10.1109/ICMSS.2010.5577089
M3 - Conference contribution
AN - SCOPUS:78649418671
SN - 9781424453269
T3 - 2010 International Conference on Management and Service Science, MASS 2010
BT - 2010 International Conference on Management and Service Science, MASS 2010
T2 - 2010 International Conference on Management and Service Science, MASS 2010
Y2 - 24 August 2010 through 26 August 2010
ER -