TY - BOOK AU - Buenstorf,Guido TI - The economics of energy and the production process: an evolutionary approach SN - 184376461X AV - HD9502.A2 B84 2004 U1 - 333.79 BUE PY - 2004/// CY - Cheltenham, UK, Northampton, MA PB - Edward Elgar KW - Energy policy KW - SLSH KW - Economic policy KW - Power resources N1 - Online version: Buenstorf, Guido, 1968- Economics of energy and the production process. Cheltenham, UK ; Northampton, MA : Edward Elgar, c2004 (OCoLC)654719978; Includes bibliographical references (p. 179-193) and index; 1. Introduction: energy is back on the agenda 1 -- 1.1 Power blackouts in the knowledge economy 1 -- 1.2 Three levels of analyzing production 3 -- 1.3 Outline of the argument 8 -- 2. The physical perspective on the economy and its limitations 10 -- 2.1 A brief history of energy in economics 10 -- 2.2 Thermodynamic concepts and economic applications 20 -- 2.3 Open systems thermodynamics 33 -- 2.4 Economic implications of thermodynamic concepts 38 -- 2.5 Conclusions: the need for a more economic approach 43 -- 2.6 A note on terminology 44 -- 3. Production as a sequential process 45 -- 3.1 Activity analysis: abstract models of inputs and outputs 45 -- 3.2 Sequential production in engineering and economics 47 -- 3.3 Property vectors, operations and techniques 59 -- 3.4 From operations to factors of production 65 -- 4. More than heat and light: the services provided by energy use in production 74 -- 4.1 Forms of energy and the factor services provided by them 74 -- 4.2 Regularities in human wants and direct services of energy 78 -- 4.3 Indirect factor services of energy use 82 -- 5. Changing power relations: the long-term development of energy use in production 90 -- 5.1 Qualitative changes in energy use 90 -- 5.2 The macro picture: increasing variety rather than stages of development 103 -- 6. Process innovations in sequential production 109 -- 6.1 Kinds of changes in production operations 109 -- 6.2 Incompatibilities and complementarities of operations 115 -- 6.3 Incompatibility in techniques and modularity in product designs 120 -- 6.4 The broader context: complex systems, decomposability and evolution 123 -- 6.5 Modularity of techniques 127 -- 6.6 Variable and endogenous decomposability 130 -- 7. A closer look at change: three historical examples of energy innovations 135 -- 7.1 The transition from wood to coal 135 -- 7.2 The introduction of the steam engine 144 -- 7.3 The electrification of industrial production 158 -- 8.1 Energy in the production process 170 -- 8.2 Use value and long-term economic development 176 -- 8.3 The production of useful goods: towards a theory 177; Economics; Economics UR - http://www.worldcat.org/title/economics-of-energy-and-the-production-process-an-evolutionary-approach/oclc/53469555&referer=brief_results ER -