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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 …
Persistent link: https://www.econbiz.de/10009390608
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 …
Persistent link: https://www.econbiz.de/10010991540
Agriculture as a source of growth was sorely neglected in the early development strategies of the currently developing countries. Realisation of this shortcoming prompted public policy in these countries to encourage agriculture by various means. The success of these policies depends, however,...
Persistent link: https://www.econbiz.de/10005528277
ILO pub-WEP pub. Working paper on the impact of higher energy costs (particularly petroleum price increases) on … technology and employment in certain high power consumption industries; discusses energy policy implications. Graphs, maps …
Persistent link: https://www.econbiz.de/10010966410
ILO pub-WEP pub. Working paper on energy economics and the macroeconomic implications of increased petroleum price …, the energy price index and energy policy options. Bibliography, statistical tables. …
Persistent link: https://www.econbiz.de/10010966511
ILO pub-WEP pub. Working paper examining the impact of higher energy costs, partic. Petroleum price increases, on …
Persistent link: https://www.econbiz.de/10010967593
The present study investigates the energy, environment and growth nexus for a panel of South Asian countries including … Bangladesh, India, Pakistan, Sri Lanka and Nepal. The simultaneous analysis of real GDP, energy consumption and CO<Subscript>2 … between all these variables. Empirical findings show that a 1 % increase in energy consumption increases output by 0.81 % in …
Persistent link: https://www.econbiz.de/10010997253
energy prices. These drivers of income change are likely to persist for the foreseeable future, meaning that income …
Persistent link: https://www.econbiz.de/10010908115
availability and cost of energy is a significant determinant of economic performance. We believe this relation is consistent with … analyses based on the energy return on investment (EROI) concept in that increasingly scarce, and hence expensive, fuels are a … drag on economic growth. The best-fitting linear equation relating the percent of GDP (energy cost share) and year …
Persistent link: https://www.econbiz.de/10010945706
Persistent link: https://www.econbiz.de/10011274226