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Models of Energy Use: Putty-Putty versus Putty-Clay

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NBER1994-08-01 更新2025-01-04 收录
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In this paper, we build a version of the putty-clay model in which there is a large variety of types of capital goods which are combined with energy in different fixed proportions. Our principal contribution is to establish easily checked conditions under which the problem of solving for the

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1994-08-01
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