Article ID Journal Published Year Pages File Type
5050413 Ecological Economics 2012 10 Pages PDF
Abstract
► Economic growth is simulated by a production function with three factors or production, labour and capital, and useful work. ► Useful work is calculated from primary energy inputs estimated energy conversion efficiency. ► The model has implications for future economic growth and energy policy that differ from the traditional growth theory.
Keywords
Related Topics
Life Sciences Agricultural and Biological Sciences Ecology, Evolution, Behavior and Systematics
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Useful work and information as drivers of economic growth
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