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Productive energy in the US economy
Authors:Vladimir N. Pokrovskii
Affiliation:Department of Physics, University of Malta, Msida MSD 06, Malta
Abstract:In this paper, methods of separation of primary work EPEP, which is needed to provide the genuine work of production equipment, from the total amount of primary energy EE are proposed. Direct estimates of primary work of production equipment EPEP on the base of available data for the US economy for the 20th century are compared with alternative evaluations of the same quantity calculated from time series for consumption of labour and primary energy. The relationship among primary energy EE, primary work of production equipment EPEP, and genuine work of production equipment PP (productive energy) is considered. The results allow one to estimate coefficient of efficiency of primary work of production equipment.
Keywords:Decomposition of primary energy   Energy in production   Production system   Technology
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