Resource Misallocation Theorem
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This book introduces the theory of resource misallocation and its applications in the context of energy transition. Technological advancement is often regarded as the primary driver of energy transition and, ultimately, the achievement of net-zero emissions. However, technological progress is inherently long-term and highly uncertain. Additionally, there is an ongoing debate regarding the trade-offs between reducing carbon emissions and fostering economic growth. Resource reallocation presents a potential solution, as it can enhance efficiency, boost productivity, and effectively reduce carbon…mehr

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Produktbeschreibung
This book introduces the theory of resource misallocation and its applications in the context of energy transition. Technological advancement is often regarded as the primary driver of energy transition and, ultimately, the achievement of net-zero emissions. However, technological progress is inherently long-term and highly uncertain. Additionally, there is an ongoing debate regarding the trade-offs between reducing carbon emissions and fostering economic growth. Resource reallocation presents a potential solution, as it can enhance efficiency, boost productivity, and effectively reduce carbon emissions. The authors offer insightful arguments supported by both theoretical and empirical analyses. This book is suitable for undergraduate and advanced-level readers and serves as a valuable resource for academic researchers and policymakers alike.
Autorenporträt
Dr. Yu received her Ph.D. in Agricultural Economics from Texas A&M University in College Station in August 2014. She is currently affiliated with Southwestern University of Finance and Economics in Chengdu. She serves as the Deputy Secretary for Promotion and Development at the International Society for Energy Transition Studies (ISETS) and as an Associate Deputy Editor of the international journal Climatic Change. Dr. Yu’s recent research focuses on carbon reduction strategies aimed at achieving carbon neutrality, examining their broader economic and social impacts. Her expertise encompasses sustainable development, natural disaster management, climate finance, and the intersection of energy and the environment. Dr. Lee received his Ph.D. in Economics from the Washington University in St. Louis in May 2012. He is currently affiliated with National Chengchi University in Taipei. His research interests include growth and development, macroeconomic theory, industrial organization, corporate finance, and market integration. Dr. Lee has also worked as a Trade Marketing Manager at Unilever. His professional experience informs his research on economic integration, outsourcing, and venture capital. In addition, Dr. Lee supervises graduate and doctoral students, guiding research on resource misallocation, innovation, and industrial dynamics. His mentorship has shaped the academic careers of many emerging economists.