A Note on the Role of Energy in Production
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DOI: 10.1016/j.ecolecon.2018.11.002
Abstract: Energy plays no role in the standard Cobb-Douglas Production Function (CDPF), and a trivial role in a three-factor CDPF where it is treated as a third input, independent of labour and capital. Starting from an… read more here.
Keywords: role; energy production; role energy; note role ... See more keywords