Constitutive Explanations as a Methodological Framework for Integrating Thermodynamics and Economics

Constitutive Explanations as a Methodological Framework for Integrating Thermodynamics and Economics

The common approach to integrating thermodynamics and economics is subsuming thermodynamic aspects among the set of constraints under which economic activity takes place. The causal link between energy and growth is investigated via aggregate econometric analysis. This paper discusses methodological...

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Bibliographic Details
Main Author: Carsten Herrmann-Pillath
Format: Article
Language:English
Published: MDPI AG 2015-12-01
Series:Entropy
Subjects:
constitutive explanations
causal mechanisms
energy and growth
rebound effect
urbanization
Online Access:http://www.mdpi.com/1099-4300/18/1/18

Internet

http://www.mdpi.com/1099-4300/18/1/18

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