Measuring Energy-saving Technological Change: International Trends and Differences

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Tác giả: Emiko Inoue, Hiroya Taniguchi, Ken Yamada

Ngôn ngữ: eng

Ký hiệu phân loại: 609.172 Historical, geographic, persons treatment

Thông tin xuất bản: 2020

Mô tả vật lý:

Bộ sưu tập: Metadata

ID: 165011

Technological change is essential to balance economic growth and environmental sustainability. This study documents energy-saving technological change to understand the trends and differences therein in OECD countries. We estimate sector-level production functions with factor-augmenting technologies using cross-country and cross-industry panel data and shift-share instruments, thereby measuring energy-saving technological change for each country and sector. Our results show how the levels and growth rates of energy-saving technology vary across countries, sectors, and time. In addition, we evaluate the extent to which factor-augmenting technologies contribute to economic growth and how this contribution differs across countries and sectors.
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