The Induced Innovation Hypothesis and Energy-Saving Technological Change

The Induced Innovation Hypothesis and Energy-Saving Technological Change

We develop a methodology for testing Hick’s induced innovation hypothesis by estimating a product-characteristics model of energy-using consumer durables, augmenting the hypothesis to allow for the influence of government regulations. For the products we explored, the evidence suggests: (i) the rate of overall innovation was independent of energy prices and regulations, (ii) the direction of in...

The Stringency Of Environmental Regulations And Technological Change: A Specific Test Of The Porter Hypothesis

the stringency of environmental regulations and technological change: a specific test of the porter hypothesis

reform of energy subsidies, technological change and the energy consumption phase in the iranian economy

abstractthe reform of energy subsidies has affected economic growth, as a result of household and firms’ behavior. however, despite the energy consumption and economic growth decrease in the short run, it is expected that economic growth will increase as a result of an adjustment in economic agents’ behavior over the mid- and long-terms. as is appropriate with these changes, energy consumption ...

Technological Forecasting & Social Change Digital innovation in the energy industry: The impact of controversies on the evolution of innovation ecosystems