Publications

Long run demand for energy services: income and price elasticities over 200 years
Data Set on the Consumption of Energy and Energy Services (1300-2008). Fouquet, R. (2014) Review of Environmental Economics and Policy 8(2).
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The structural shift to green services: A two-sector growth model with public capital and open-access resources
An expansion of economic activities with low impact on ecological resources is a crucial component of the transition to a low-carbon society. “Green” structural change is analysed here through a model with a “progressive” manufacturing sector and a “stagnant” service sector. read more »

Historical energy price shocks and their changing effects on the economy
The purpose of this paper is to identify the changes in the impact of energy shocks on economic activity – with an interest in assessing if … read more »

A macroeconomic perspective on climate change mitigation: Meeting the financing challenge
Building on simulations using Integrated Assessment Models and historical evidence, this paper explores some of the issues posed by this dual financing challenge. We discuss the “fiscal self-reliance” of the energy sector, finding that carbon pricing would generate sufficient fiscal revenues within each region to finance total investment in energy supply. read more »

In praise of a green stimulus
Macroeconomic conditions make this a relatively favorable time to kick-start investments necessary to transition to a resource-efficient economy read more »

The effect of environmental decentralization on polluting industries in India
This paper examines the unintended effects of the 2006 reform of the Environmental Impact Assessment (EIA) process in India using firm-level data for the period 1998-2012. … read more »

The structural shift to green services: a two-sector growth model with public capital and open-access resources
– Forthcoming in Structural Change and Economic Dynamics (Dec 2014). The expansion of the share of economic activity taking place in sectors with low or no … read more »

Effects of carbon taxes in an economy with large informal sector and rural-urban migration
I build an equilibrium search and matching model of an economy with an informal sector and rural-urban migration to analyse the effects of budget-neutral green tax … read more »

A simple model of income, aggregate demand and the process of credit creation by private banks
Forthcoming in Empirica External link to article External link to working paper Abstract This paper presents a small macroeconomic model describing the main mechanisms of the process of credit creation … read more »

Who will win the green race? In search of environmental competitiveness and innovation
Fankhauser, Samuel, Bowen, Alex, Calel, Raphael, Dechezlepretre, Antoine, Grover, David, Rydge, James and Sato, Misato (2013) Who will win the green race? In search of environmental competitiveness and innovation. Global … read more »


