Fueling the Innovative Process: Oil Prices and Induced Innovation in Automotive Energy-Efficient Technology
Crabb, Joseph M.; Johnson, Dan
2007

Files

Abstract

This paper tests the induced innovation hypothesis that higher oil prices will lead to increased innovation in energy-efficient automotive technology. We find robust empirical support for the hypothesis, while using various measures of oil and gas prices and controlling for other factors including constructed knowledge stocks and macroeconomic variables.

Details

Title
Fueling the Innovative Process: Oil Prices and Induced Innovation in Automotive Energy-Efficient Technology
Creator
Crabb, Joseph M.
Johnson, Dan
Pagination
18 pages
Other Physical Details
illustrations (some color)
Content Type
text
Subject (Topic)
Language
English
Series
Faculty working papers (Colorado College. Dept. of Economics and Business)
Notes
Acquired as PDF from Colorado College Department of Economics and Business. Converted to PDF/A1.b using Adobe Acrobat Professional.
Contact the author for permission to publish.
Standard Rights Statement
Copyright Reserved, Non-exclusive rights granted to Colorado College for distribution.
Record Appears in
Academic Departments > Economics and Business Department > Economics and Business Department Faculty Working Papers > Economics and Business Department Faculty Working Papers 2007
Record Created
2023-05-16

PDF

Statistics

from
to
Export
Download Full History