Advanced Search
MyIDEAS: Login to save this paper or follow this series

Energy and the State of Nations

Contents:

Author Info

  • Lindenberger, Dietmar

    ()
    (Energiewirtschaftliches Institut an der Universitaet zu Koeln)

  • Kuemmel, Rainer

    ()
    (Energiewirtschaftliches Institut an der Universitaet zu Koeln)

Registered author(s):

    Abstract

    The mathematical conditions for the existence of macroeconomic production functions that are state functions of the economic system are pointed out. The output elasticities and the elasticities of substitution of energy-dependent Cobb-Douglas, CES and LinEx production functions are calculated. The output elasticities, which measure the productive powers of 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 most of the growth that mainstream economics attributes to “technological progress” and related concepts. It decisively determines the economic state of nations. Consequences for automation and globalization and perspectives on growth are discussed.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://www.ewi.uni-koeln.de/fileadmin/user_upload/Publikationen/Working_Paper/EWI_WP_11-11_Energy_and_the_state_of_nations.pdf
    File Function: Full text
    Download Restriction: no

    Bibliographic Info

    Paper provided by Energiewirtschaftliches Institut an der Universitaet zu Koeln in its series EWI Working Papers with number 2011-11.

    as in new window
    Length: 22 pages
    Date of creation: 28 Dec 2011
    Date of revision:
    Handle: RePEc:ris:ewikln:2011_011

    Contact details of provider:
    Postal: Vogelsanger Str. 321, Alte Wagenfabrik, 50827 Köln
    Phone: ++ 49 (0) 221 277 29 100
    Fax: ++ 49 (0) 221 277 29 400
    Web page: http://www.ewi.uni-koeln.de/
    More information through EDIRC

    Related research

    Keywords: energy; economic growth; macroeconomic production functions; output elasticities;

    Find related papers by JEL classification:

    This paper has been announced in the following NEP Reports:

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Kurz,Heinz D. & Salvadori,Neri, 1997. "Theory of Production," Cambridge Books, Cambridge University Press, number 9780521588676, April.
    2. Robert M. Solow, 1994. "Perspectives on Growth Theory," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 45-54, Winter.
    3. Ayres, Robert U. & Warr, Benjamin, 2005. "Accounting for growth: the role of physical work," Structural Change and Economic Dynamics, Elsevier, vol. 16(2), pages 181-209, June.
    4. Jorgenson, Dale W, 1984. "The Role of Energy in Productivity Growth," American Economic Review, American Economic Association, vol. 74(2), pages 26-30, May.
    5. Dale W. Jorgenson, 1984. "The Role of Energy in Productivity Growth," The Energy Journal, International Association for Energy Economics, vol. 0(Number 3), pages 11-26.
    6. Beaudreau, Bernard C. & Pokrovskii, Vladimir N., 2010. "On the energy content of a money unit," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 389(13), pages 2597-2606.
    7. Groscurth, H.-M. & Kümmel, R. & Van Gool, W., 1989. "Thermodynamic limits to energy optimization," Energy, Elsevier, vol. 14(5), pages 241-258.
    8. Bruckner, Th. & Groscurth, H.-M. & Kümmel, R., 1997. "Competition and synergy between energy technologies in municipal energy systems," Energy, Elsevier, vol. 22(10), pages 1005-1014.
    9. Pokrovski, Vladimir N., 2003. "Energy in the theory of production," Energy, Elsevier, vol. 28(8), pages 769-788.
    10. R. Stresing & D. Lindenberger & R. Kümmel, 2008. "Cointegration of output, capital, labor, and energy," The European Physical Journal B - Condensed Matter and Complex Systems, Springer, vol. 66(2), pages 279-287, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as in new window

    Cited by:
    1. Lindenberger, Dietmar & Kümmel, Reiner, 2013. "The Sledge on the Slope or: Energy in the Economy, and the Paradox of Theory and Policy," EWI Working Papers 2013-3, Energiewirtschaftliches Institut an der Universitaet zu Koeln.
    2. Martin de Wit & Matthew Kuperus Heun & Douglas J Crookes, 2013. "An overview of salient factors, relationships and values to support integrated energy-economic systems dynamic modelling," Working Papers 02/2013, Stellenbosch University, Department of Economics.
    3. Ayres, Robert U. & van den Bergh, Jeroen C.J.M. & Lindenberger, Dietmar & Warr, Benjamin, 2013. "The underestimated contribution of energy to economic growth," Structural Change and Economic Dynamics, Elsevier, vol. 27(C), pages 79-88.

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ris:ewikln:2011_011. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Monika Schmid).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.