Please use this identifier to cite or link to this item: http://hdl.handle.net/1942/15432
Title: Matter-dependent production functions for economic modelling of firms
Authors: MAES, Dries 
VAN PASSEL, Steven 
Issue Date: 2013
Source: Ecological Economics and Institutional Dynamics : 10th biennal conference of the European Society for Ecological Economics, Lille - France, 17-06-2013 21-06-2013
Abstract: Environmental economic models often integrate economic parameters such as labour and capital with physical parameters such as energy, emissions or materials. These models show both market behaviour and effects on the environment. A central instrument is the particular production function that relates inputs to outputs. However, the characteristic behaviour of matter and energy is subject to different constraints than the behaviour of labour and capital. Very few economic production functions take that difference into account. This project develops a new economic production function for micro-economic modelling, based on a maximum installed capacity of transformation. Following economic and physical constraints of production functions, an algebraic form is derived. It is tested with a case-study. Secondly the modelling behaviour is compared to a standard function.
Document URI: http://hdl.handle.net/1942/15432
Category: C2
Type: Conference Material
Appears in Collections:Research publications

Files in This Item:
File Description SizeFormat 
Maes ESEE 2013 paper.pdf3.6 MBAdobe PDFView/Open
Show full item record

Page view(s)

8
checked on May 17, 2022

Download(s)

6
checked on May 17, 2022

Google ScholarTM

Check


Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.