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A Kinetics-Based Approach to Modeling Production

In: Energy, Einstein, and the Great Depression

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  • Bernard C. Beaudreau

Abstract

This chapter presents the kinetics-based approach to modeling production developed in Beaudreau (2020), which focuses on the role of machine speed as a key factor in productivity and growth. Drawing from the law of kinetics, it shows that output at the plant level increases at the square root of power use, providing a framework to understand the massive increase in power use in the United States in the 1910s and 1920s.

Suggested Citation

  • Bernard C. Beaudreau, 2026. "A Kinetics-Based Approach to Modeling Production," Springer Books, in: Energy, Einstein, and the Great Depression, chapter 0, pages 29-42, Springer.
    • Handle: RePEc:spr:sprchp:978-3-032-26664-4_3
    DOI: 10.1007/978-3-032-26664-4_3
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