The economic growth engine: how energy and work drive material prosperity

The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics

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Bibliographische Detailangaben
Hauptverfasser: Ayres, Robert U. 1932- (VerfasserIn), Warr, Benjamin (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Cheltenham ; Northampton, Mass Edward Elgar 2009
Schlagworte:
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Zusammenfassung:The historic link between output (GDP) growth and employment has weakened. Since there is no quantitively verifiable economic theory to explain past growth, this unique book explores the fundamental relationship between thermodynamics (physical work) and economics
1. Background -- ch. 2. Technical progress -- ch. 3. Industrial metabolism : mass/energy flows -- ch. 4. Exergy conversion to useful work -- ch. 5. Economic growth theories -- ch. 6. The production function approach. -- ch. 7. Numerical results for the US and Japan -- ch. 8. Growth forecasting -- ch. 9. Economic growth and development : towards a catch-up model (simplified REXSF model) -- ch. 10. Conclusions, implications and caveats
Beschreibung:"Published in association with the International Institute for Applied Systems Analysis (IIASA)
Includes bibliographical references (p. 353-392) and index
Beschreibung:1 Online-Ressource (xxi, 411 Seiten) Illustrationen
ISBN:9781848445956