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A general equilibrium approach to aggregate capital–energy complementarity
Journal article   Peer reviewed

A general equilibrium approach to aggregate capital–energy complementarity

John Solow
Economics letters, Vol.2(1), pp.91-94
1979
DOI: 10.1016/0165-1765(79)90211-8

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Abstract

Capital–energy complementarity is examined through the comparative statics of a simple aggregate model. An exact formula is given for the direction of interaction in terms of derivatives of the production function and factor supply elasticities.

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