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=== Energy === [[Reiner Kümmel]] worked on the evaluation of energy, or more precisely [[exergy]], as a production factor. He showed it can be seen as individual factor of production, with an [[Elasticity (economics)|elasticity]] larger than labor.<ref>{{cite web |first1=Reiner |last1=Kümmel |url=http://energiesteuer.net/artikel/pdf_artikel/portotalk.pdf |title=The Productive Power of Energy and its Taxation |archive-url=https://web.archive.org/web/20170810131116/http://energiesteuer.net/artikel/pdf_artikel/portotalk.pdf |archive-date=2017-08-10 |url-status=dead |work=4th European Congress Economics and Management of Energy in Industry, Porto, Portugal, 27-30, November |date=2007}}</ref> A [[cointegration]] analysis support results derived from linear exponential (LINEX) production functions.<ref>{{cite journal|author1=R. Stresing |author2=D. Lindenberger |author3=R. Kümmel |url=http://www.ewi.uni-koeln.de/fileadmin/user_upload/Publikationen/Working_Paper/EWI_WP_08-04_Cointegration-of-Output.pdf |publisher=Institute of Energy Economics at the University of Cologne |archive-url=https://web.archive.org/web/20111003104242/http://www.ewi.uni-koeln.de/fileadmin/user_upload/Publikationen/Working_Paper/EWI_WP_08-04_Cointegration-of-Output.pdf |archive-date=2011-10-03 |url-status=dead |title=Cointegration of Output, Capital, Labor, and Energy|journal=European Physical Journal B|volume= 66|issue= 2|year= 2008|pages= 279–287|doi=10.1140/epjb/e2008-00412-6 |bibcode=2008EPJB...66..279S |s2cid=38106343 |hdl=10419/26747|hdl-access=free}}</ref> The work of [[Robert Ayres (scientist)|Ayres]] shows similar results.<ref>{{cite journal |last1= Ayres |first1=Robert U |last2=Ayres |first2=Leslie W |last3=Warr |first3=Benjamin |date=2003 |title=Exergy, power and work in the US economy, 1900–1998 |url=https://flora.insead.edu/fichiersti_wp/inseadwp2002/2002-52.pdf |journal=Energy |volume=28 |issue=3 |publisher= |pages=219-273 |doi=10.1016/S0360-5442(02)00089-0 |access-date=2025-01-11}}</ref>
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