Net energy ratio, EROEI and the macroeconomy
Type de document :
Compte-rendu et recension critique d'ouvrage
Titre :
Net energy ratio, EROEI and the macroeconomy
Auteur(s) :
Fagnart, Jean-François [Auteur]
Centre de recherche en économie [CEREC]
Germain, Marc [Auteur]
Lille économie management - UMR 9221 [LEM]
Centre de recherche en économie [CEREC]
Germain, Marc [Auteur]
Lille économie management - UMR 9221 [LEM]
Titre de la revue :
Structural Change and Economic Dynamics
Pagination :
121-126
Éditeur :
Elsevier
Date de publication :
2016-06
ISSN :
0954-349X
Mot(s)-clé(s) en anglais :
EROEI
Input–output
Energy
Net energy
Growth
Input–output
Energy
Net energy
Growth
Discipline(s) HAL :
Sciences de l'Homme et Société/Economies et finances
Résumé en anglais : [en]
In an input–output model of a two-sector economy (energy and manufacturing), we analyse the macroeconomic implications of the quality of secondary energy production. We measure it by the net energy ratio (NER for short), ...
Lire la suite >In an input–output model of a two-sector economy (energy and manufacturing), we analyse the macroeconomic implications of the quality of secondary energy production. We measure it by the net energy ratio (NER for short), i.e. the fraction of produced energy available for net final production. NER is shown to be related to the EROEI concept encountered in energy science and to affect (a) the energy intensiveness of final output, (b) the capital requirements of the two sectors of the economy and the aggregate capital–output ratio, and (c) the rate of capital accumulation and the growth rate of the economy at given saving rate. As a consequence, an energy transition characterized by a decreasing NER would exert a drag on economic growth.Lire moins >
Lire la suite >In an input–output model of a two-sector economy (energy and manufacturing), we analyse the macroeconomic implications of the quality of secondary energy production. We measure it by the net energy ratio (NER for short), i.e. the fraction of produced energy available for net final production. NER is shown to be related to the EROEI concept encountered in energy science and to affect (a) the energy intensiveness of final output, (b) the capital requirements of the two sectors of the economy and the aggregate capital–output ratio, and (c) the rate of capital accumulation and the growth rate of the economy at given saving rate. As a consequence, an energy transition characterized by a decreasing NER would exert a drag on economic growth.Lire moins >
Langue :
Anglais
Vulgarisation :
Non
Collections :
Source :