國立高雄大學圖資館 |

Language: English

Back

Rethinking economic growth theory fr...

Fix, Blair.

Rethinking economic growth theory from a biophysical perspective

Record Type:	Electronic resources : Monograph/item
Title/Author:	Rethinking economic growth theory from a biophysical perspectiveby Blair Fix.
Author:	Fix, Blair.
Published:	Cham :Springer International Publishing :2015.
Description:	xii, 125 p. :ill., digital ;24 cm.
Contained By:	Springer eBooks
Subject:	Economic development.
Online resource:	http://dx.doi.org/10.1007/978-3-319-12826-9
ISBN:	9783319128269 (electronic bk.)

Rethinking economic growth theory from a biophysical perspective
Fix, Blair.

Rethinking economic growth theory from a biophysical perspective[electronic resource] /by Blair Fix. - Cham :Springer International Publishing :2015. - xii, 125 p. :ill., digital ;24 cm. - SpringerBriefs in energy,2191-5520. - SpringerBriefs in energy..

Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become decoupled from energy consumption; 2) economic distribution is unrelated to growth; 3) large institutions are not important for growth; and 4) labor force structure is not important for growth. Drawing on a wide range of data from the economic history of the United States, this book tests the validity of these assumptions and finds no empirical support. Instead, connections are found between the growth in energy consumption and such disparate phenomena as economic redistribution, corporate employment concentration, and changing labor force structure. The integration of energy into an economic growth model has the potential to offer insight into the future effects of fossil fuel depletion on key macroeconomic indicators, which is already manifested in stalled or diminished growth and escalating debt in many national economies. This book argues for an alternative, biophysical perspective to the study of growth, and presents a set of "stylized facts" that such an approach must successfully explain. Aspects of biophysical analysis are combined with differential monetary analysis to arrive at a unique empirical methodology for investigating the elements and dependencies of the economic growth process.

ISBN: 9783319128269 (electronic bk.)

Standard No.: 10.1007/978-3-319-12826-9doiSubjects--Topical Terms:

174815
Economic development.

LC Class. No.: HD75

Dewey Class. No.: 338.9

Rethinking economic growth theory from a biophysical perspective
LDR:02322nmm a2200313 a 4500 001 461052
003 DE-He213
005 20150805102848.0
006 m d
007 cr nn 008maaau
008 151110s2015 gw s 0 eng d
020 $a 9783319128269 (electronic bk.)
020 $a 9783319128252 (paper)
024 7 $a 10.1007/978-3-319-12826-9 $2 doi
035 $a 978-3-319-12826-9
040 $a GP $c GP
041 0 $a eng
050 4 $a HD75
072 7 $a KCG $2 bicssc
072 7 $a BUS068000 $2 bisacsh
082 0 4 $a 338.9 $2 23
090 $a HD75 $b .F566 2015
100 1 $a Fix, Blair. $3 712923
245 1 0 $a Rethinking economic growth theory from a biophysical perspective $h [electronic resource] / $c by Blair Fix.
260 $a Cham : $b Springer International Publishing : $b Imprint: Springer, $c 2015.
300 $a xii, 125 p. : $b ill., digital ; $c 24 cm.
490 1 $a SpringerBriefs in energy, $x 2191-5520
520 $a Neoclassical growth theory is the dominant perspective for explaining economic growth. At its core are four implicit assumptions: 1) economic output can become decoupled from energy consumption; 2) economic distribution is unrelated to growth; 3) large institutions are not important for growth; and 4) labor force structure is not important for growth. Drawing on a wide range of data from the economic history of the United States, this book tests the validity of these assumptions and finds no empirical support. Instead, connections are found between the growth in energy consumption and such disparate phenomena as economic redistribution, corporate employment concentration, and changing labor force structure. The integration of energy into an economic growth model has the potential to offer insight into the future effects of fossil fuel depletion on key macroeconomic indicators, which is already manifested in stalled or diminished growth and escalating debt in many national economies. This book argues for an alternative, biophysical perspective to the study of growth, and presents a set of "stylized facts" that such an approach must successfully explain. Aspects of biophysical analysis are combined with differential monetary analysis to arrive at a unique empirical methodology for investigating the elements and dependencies of the economic growth process.
650 0 $a Economic development. $3 174815
650 0 $a Macroeconomics. $3 183168
650 0 $a Natural resources. $3 182849
650 0 $a Biophysics $x Economic aspects. $3 712924
650 1 4 $a Economics/Management Science. $3 273684
650 2 4 $a Economic Growth. $3 274406
650 2 4 $a Energy Policy, Economics and Management. $3 511210
650 2 4 $a Energy Economics. $3 276499
650 2 4 $a Socio- and Econophysics, Population and Evolutionary Models. $3 495595
650 2 4 $a Environmental Economics. $3 274365
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer eBooks
830 0 $a SpringerBriefs in energy. $3 561922
856 4 0 $u http://dx.doi.org/10.1007/978-3-319-12826-9
950 $a Energy (Springer-40367)