Economic Growth and Energy

  title={Economic Growth and Energy},
  author={David I. Stern},
capital There are two meanings in economics. One is the monetary value of assets owned by an individual firm, etc. or the amount that is available to invest. The second meaning, used herein, refers to a human-made input into the production process, including things such as buildings and machinery, and infrastructure (telecommunications systems and the like). Capital in these forms is also described as reproducible capital, manufactured capital, or human-made capital. Some writers use the term… CONTINUE READING


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