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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Bibliographic Details
Main Authors: Ayres, Robert U. 1932- (Author), Warr, Benjamin (Author)
Format: Electronic eBook
Language:English
Published: Cheltenham ; Northampton, Mass Edward Elgar 2009
Subjects:
Online Access:DE-12
DE-1043
DE-1046
DE-573
DE-M347
DE-898
DE-859
DE-860
DE-863
DE-862
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DE-384
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DE-19
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DE-703
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DE-739
Summary: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
Item Description:"Published in association with the International Institute for Applied Systems Analysis (IIASA)
Includes bibliographical references (p. 353-392) and index
Physical Description:1 Online-Ressource (xxi, 411 Seiten) Illustrationen
ISBN:9781848445956