conditions that output elasticities must be equal to a modification of the usual factor cost shares, where shadow prices due to … the constraints add to factor prices. In a model, where capital, labor and energy (exergy) are the factors of production …, the technological constraints are identified as limits to capacity utilization and automation. The shadow prices depend on …

technology development. Such is the case for example, where sophisticated manufacturing approaches are needed to exploit … promising, and high performance, material combinations along with novel and complex technology based hardware. Further, access … to adequate resources for the needed, high cost, technology development is increasingly less likely to be available from …