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 Increase Supplies, Increase Efficiency: Evidence of Causality Between the Quantity and Quality of Energy Consumption and Economic Growth  

For much of the last century Japan experienced one of the fastest rates of economic growth worldwide. In this paper we argue that one of the main drivers of this growth was the successful introduction ...

The authors of this unique book explore the fundamental relationship between thermodynamics (physical work) and economics. They take a realistic approach to explaining the relationship between technol ...

 Accounting for Economic Growth in 20th Century Japan: From Hindsight to Foresight  

For much of the last century Japan experienced one of the fastest rates of economic growth worldwide. In this paper we argue that one of the main drivers of this growth was the successful introduction ...

 Either Increase Supplies or Increase Efficiency: Evidence of Causality Between the Quantity and Quality of Energy Consumption and Economic Growth in the U.S.  

We describe the results of empirical analysis to investigate the causal relationship between the quantity and the way that energy is consumed and economic growth in the US over the second half of the ...

This paper describes the development of a forecasting model in the tradition of system dynamics. It is called Resource Exergy Services (REXS). The model simulates economic growth of the US through the ...

 Energy Use in the US over the Last Century: Identifying Common Trends and Structural Change in Macroeconomic Time Series  

In this paper, we argue two theses. First, we suggest that economies evolve along a long-term trajectory that corresponds closely to increases in the production and consumption of useful work (in the ...

Also INSEAD Working Paper N 2002/70/EPS/CMER.It is argued that the consumption of exergy, available useful energy, has been, and continues to be, an important driver of economic growth. This paper te ...

 2004/19/EPS/CMER  

The authors argue in this paper that the failure of neo-classical economics to effectively account for the productive role of soil and land resources is restricting the possibility to manage these res ...

 2004/18/EPS/CMER  

Economic growth for the past two centuries has been accompanied by rapid growth in the extraction, processing and consumption of physical resources, especially fossil fuels. There is compelling circum ...