Rethinking Economic Growth Theory From a Biophysical Perspective

• Main Author: Fix, Blair (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Cham : Springer International Publishing : Imprint: Springer, 2015.
• Series: SpringerBriefs in Energy,
• Subjects: Energy policy.; Energy and state.; Sociophysics.; Econophysics.; Energy industries.; Economic growth.; Environmental economics.; Economics.; Economic Growth.; Energy Policy, Economics and Management.; Energy Economics.; Socio- and Econophysics, Population and Evolutionary Models.; Environmental Economics.

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...

Table of Contents:

• Introduction.- Decoupling.- Distribution.- Institutional Size.- Labor Structure
• Towards a Biophysical Growth Theory
• Appendix: US Sectors: Methodology and Sources.