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A semi-empirical endogenous growth theory was proposed by the authors in 2005. It is based on a model of the economy as a two-stage materials/energy processing system. Growth is simulated by a two-parameter production function with two traditional factors, labor and capital, and a non-traditional factor, namely ‘useful work’. The non-traditional factor is calculated from primary energy inputs multiplied...
The paper proceeds with a discussion of the interplay of scale and intensity in determining greenhouse gas emissions. This is followed by the presentation of several macroeconomic scenarios using LowGrow, a simulation model of the Canadian economy. The scenarios considered are ‘business as usual’ which is a projection into the future of past trends, ‘selective growth’ in which differential growth...
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