the constraints add to factor prices. In a model, where capital, labor and energy (exergy) are the factors of production … energy-dependent production functions that are derived from the twice differentiability requirement and the law of …

economic system are pointed out. The output elasticities and the elasticities of substitution of energy-dependent Cobb … production factors and whose numerical values have been obtained for Germany, Japan, and the USA, are for energy much larger and … for labor much smaller than the cost shares of these factors. Energy and its conversion into physical work accounts for …

Energy conversion in the production of goods and services, and the resulting emissions associated with entropy …, have revealed energy as a production factor whose output elasticity, which measures its productive power, is much higher …, labor, and energy into account. The present paper offers an explanation of these findings in the picture of a sledge, which …

economic system are pointed out. The output elasticities and the elasticities of substitution of energy-dependent Cobb … production factors and whose numerical values have been obtained for Germany, Japan, and the USA, are for energy much larger and … for labor much smaller than the cost shares of these factors. Energy and its conversion into physical work accounts for …

We review the physical aggregation of value added and capital in terms of work performance and information processing … series of labor and energy, measured in hours worked per year and kilowatt-hours consumed per year, respectively. This … aggregation is the conceptual basis on which those energy-dependent production functions have been constructed that reproduce …

Energy conversion in the production of goods and services, and the resulting emissions associated with entropy …, have revealed energy as a production factor whose output elasticity, which measures its productive power, is much higher …, labor, and energy into account. The present paper offers an explanation of these findings in the picture of a sledge, which …