The tragedy of product homogeneity and knowledge non-spillovers: explaining the slow pace of energy technological progress
The tragedy of product homogeneity and knowledge non-spillovers: explaining the slow pace of energy technological progress
复制标题
产品同质化与知识非溢出的悲剧:解释能源技术进步缓慢的原因
DOI:
10.1007/s10479-016-2144-1
复制
发表时间:
2017-08
影响因子:
4.8
通讯作者:
Zhang ZhongXiang
中科院分区:
文献类型:
--
作者:
Jin Wei;Zhang ZhongXiang
There is a growing body of literature mentioning the slow progress of energy technological innovation as compared to information technology (IT), but the reasons why the energy sector is perplexed by slow innovation remain unexplained. Based on a variety-expanding endogenous technological change model, this paper investigates the economic mechanism that underlines the slow pace of energy technological progress. We show that in the market equilibrium the growth rate of energy technology variety is always lower than that of IT variety, this outcome stems from both the market fundamentals where the homogeneity of end-use energy goods is less likely to harness the pecuniary externality embedded in the love-for-variety household, and the technology fundamentals where capital-intensiveness of energy technology assets inhibits the non-pecuniary technological externality associated with knowledge spillovers. We further show that the social planner allocation can raise the rate of technological progress in both energy and IT sectors, but still fails to achieve an outcome in which technological progress in the energy sector can catch up with the IT sector. Finally, using efficiency-improving revenue-neutral policy interventions that subsidize energy sectors and tax IT sectors, the decentralized market equilibrium can achieve an outcome in which both energy and IT sectors have the same rate of technological progress.
登录
查看更多内容
DOI:
10.2139/ssrn.223777
发表时间:
1998-03
期刊:
--
影响因子:
--
作者:
R. Newell;A. Jaffe;Robert Stavins
通讯作者:
R. Newell;A. Jaffe;Robert Stavins
DOI:
10.2139/ssrn.11488
发表时间:
1998-04
期刊:
Intellectual Property Law eJournal
影响因子:
--
作者:
Yannis Bakos;Erik Brynjolfsson
通讯作者:
Yannis Bakos;Erik Brynjolfsson
DOI:
--
发表时间:
2000
期刊:
--
影响因子:
--
作者:
Paul Belleflamme
通讯作者:
Paul Belleflamme
DOI:
--
发表时间:
2012-10
期刊:
--
影响因子:
--
作者:
A. Grubler;F. Aguayo;K. Gallagher;M. Hekkert;K. Jiang;L. Mytelka;Lena Neij;G. Nemet;C. Wilson
通讯作者:
A. Grubler;F. Aguayo;K. Gallagher;M. Hekkert;K. Jiang;L. Mytelka;Lena Neij;G. Nemet;C. Wilson
影响因子:
6.1
作者:
GRILICHES, Z
通讯作者:
GRILICHES, Z