Energy Rents: A Scientific Theory of Income Distribution

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The concept of energy rents was first introduced in 1998 (Energy and Organization, Growth and Distribution Reexamined), when it was used to analyze income distribution in U.S. manufacturing in the post-WWII period. It was argued that rents resulting from the growing use of electric power in manufacturing were shared by the owners of labor and capital in the form of higher wages and profits. In this work, the energy rents approach to income distribution is examined in greater detail-historically, theoretically, and ...

Energy Rents: A Scientific Theory of Income Distribution 2005, iUniverse, Bloomington IN

ISBN-13: 9780595372003

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