This paper estimates production functions for annual US output from 1949 to 2013 adding energy Btu input to fixed capital assets and the labor force. Interactions between inputs are parsimoniously introduced in the error correction estimates. Fixed capital assets successfully imbed technology. Energy and capital are weak substitutes or complements due to their positive interaction. Energy is substantially underpaid relative to its increasing productivity while labor is increasingly overpaid relative to its declining productivity. Factor price elasticities involving labor and the wage are noticeably strong. The nearly elastic own wage effect explains the challenges facing labor
The mathematical conditions for the existence of macroeconomic production functions that are state f...
One can distinguish active (machines) from inactive (infrastructure) capital. Active capital consume...
The aggregate production function approach is one way to forecast future energy demand (a step in fo...
This paper estimates production functions for annual US output from 1949 to 2013 adding energy Btu i...
This paper estimates trends in factor price elasticities adding energy Btu input to fixed capital as...
The major objective of this paper is to determine what impact energy prices have had on input substi...
This dissertation tries to enhance our understanding of the relation between energy and other produc...
A three input translog cost function in labor, capital and energy was estimated for 298 U.S. manufa...
This paper examines elasticity of substitution among electricity, labor and capital in U.S. manufact...
This paper investigates the effect of disaggregate energy consumption on industrial output in the Un...
The main purpose of the thesis is analysing how energy has been taken into account by economics, par...
2 Following Dhawan, Jeske and Silos (2010), this paper firstly examines whether the explanatory powe...
We review the physical aggregation of value added and capital in terms of work performance and infor...
Abstract of associated article: Ecological and biophysical economists and historians of economics co...
WP 1997-24 December 1997This paper examines the role of energy in long-term growth. The authors esti...
The mathematical conditions for the existence of macroeconomic production functions that are state f...
One can distinguish active (machines) from inactive (infrastructure) capital. Active capital consume...
The aggregate production function approach is one way to forecast future energy demand (a step in fo...
This paper estimates production functions for annual US output from 1949 to 2013 adding energy Btu i...
This paper estimates trends in factor price elasticities adding energy Btu input to fixed capital as...
The major objective of this paper is to determine what impact energy prices have had on input substi...
This dissertation tries to enhance our understanding of the relation between energy and other produc...
A three input translog cost function in labor, capital and energy was estimated for 298 U.S. manufa...
This paper examines elasticity of substitution among electricity, labor and capital in U.S. manufact...
This paper investigates the effect of disaggregate energy consumption on industrial output in the Un...
The main purpose of the thesis is analysing how energy has been taken into account by economics, par...
2 Following Dhawan, Jeske and Silos (2010), this paper firstly examines whether the explanatory powe...
We review the physical aggregation of value added and capital in terms of work performance and infor...
Abstract of associated article: Ecological and biophysical economists and historians of economics co...
WP 1997-24 December 1997This paper examines the role of energy in long-term growth. The authors esti...
The mathematical conditions for the existence of macroeconomic production functions that are state f...
One can distinguish active (machines) from inactive (infrastructure) capital. Active capital consume...
The aggregate production function approach is one way to forecast future energy demand (a step in fo...