The Economics of Energy and the Production Process: An Evolutionary Approach
'Guido Buenstorf's book is a splendid attempt to break new ground in the theory of production. Turning away from the ever more abstract - and theoretically empty - production function approach, he shows how changing physical constraints in the uti
What people are saying - Write a review
We haven't found any reviews in the usual places.
Other editions - View all
activities addition adoption allows alternative analysis applications approach argued caused century changes Chapter characteristics chemical coal complementarities components concept conversion costs decomposability defined depends direct discussion distinction distinguished drive economic effect efficiency electricity elements energy forms energy inputs entropy evolutionary example existing factor services factors of production Figure Finally forms framework fuel function further heat human identified important improvements increasing individual industrial innovations inputs interdependence introduced iron issues kinds knowledge labor learning light limited machine manufacturing materials materials processing mechanical energy models modified modular moreover nature objects operations output particular physical possible practical present problems production processes properties reference replaced resource result sequence sequential sources specific stages steam engine substitution suggested techniques technologies theory thermal thermodynamics transportation unit utilized various water power wood workpiece