Physics shows that energy is necessary for economic production and, therefore, economic growth but the mainstream … theory of economic growth, except for specialized resource economics models, pays no attention to the role of energy. This …. A possible synthesis of energy-based and mainstream models is presented. This model shows that when energy is scarce it …

Physics shows that energy is necessary for economic production and, therefore, economic growth but the mainstream … theory of economic growth, except for specialized resource economics models, pays no attention to the role of energy. This …. A possible synthesis of energy-based and mainstream models is presented. This model shows that when energy is scarce it …

US energy firms: lower elasticity of innovation production function in R&D expenditure, lower probability of a radical …

estimates reveal several important differences across the Japanese and US energy firms: lower elasticity of innovation …