The economic growth engine [electronic resource] : how energy and work drive material prosperity / Robert U. Ayres and Benjamin Warr.
Material type:
TextPublication details: Cheltenham ; Northampton, Mass. : Edward Elgar, c2009Description: 1 online resource (xxi, 411 p.) : illISBN: 9781848445956 (e-book)Subject(s): Economic development | Power resources -- Economic aspects | Power resources -- Technological innovations | Thermodynamics -- Economic aspects | Technological innovations -- Economic aspectsGenre/Form: Electronic books.Additional physical formats: No titleDDC classification: 338.9 LOC classification: HD75 | .A925 2009Online resources: Click here to access online | Item type | Current library | Call number | URL | Status | Date due | Barcode | Item holds |
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eBook
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Digital Library
Resources in this library are accessible in digital format e.g. eBooks or eJournals accessible online. |
HD75 .A925 2009 (Browse shelf(Opens below)) | Link to resource | Available |
"Published in association with the International Institute for Applied Systems Analysis (IIASA)."
Includes bibliographical references (p. 353-392) and index.
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.
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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