Technology Adoption and Aggregate Energy Efficiency
| dc.creator | Pizer, William A. | |
| dc.creator | Harrington, Winston | |
| dc.creator | Kopp, Raymond J. | |
| dc.creator | Morgenstern, Richard D. | |
| dc.creator | Shih, Jhih-Shyang | |
| dc.date | 2017-04-01T13:57:46Z | |
| dc.date.accessioned | 2026-07-09T02:59:17Z | |
| dc.description | Improved technology is often cited as a means to alter the otherwise difficult trade-off between the economic burden of regulation and environmental damage. Focusing on energy-saving technologies that mitigate the threat of climate change, we find that both energy prices and financial health influence technology adoption among a sample of industrial plants in four heavily polluting sectors. Based on a model linking technology adoption to growth in aggregate efficiency, we estimate that a doubling of energy prices, after raising the growth rate to 2.1%, would require slightly more than 50 years to generate a 50% improvement in aggregate efficiency relative to the baseline forecast. | |
| dc.identifier | doi:10.22004/ag.econ.10616 | |
| dc.identifier | https://ageconsearch.umn.edu/record/10616/files/dp020052.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/10616 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/524288 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/10616 | |
| dc.title | Technology Adoption and Aggregate Energy Efficiency | |
| dc.type | Text |