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Crowding Out or Knowledge Spillovers from the Wind Power Industry: The Effect on Related Energy Machinery
Luleå tekniska universitet, Institutionen för ekonomi, teknik och samhälle, Samhällsvetenskap. Ratio.ORCID-id: 0000-0002-5952-6379
2018 (engelsk)Konferansepaper, Oral presentation with published abstract (Fagfellevurdert)
Abstract [en]

There is a risk that if a government adopts a R&D spending policy directed towards wind power technology crowding out of other technologies might occur due to fiscal constraints and changes in relative prices. The purpose of this paper is to provide a backward-looking analysis of how the accumulation of wind energy patents and public R&D spending affected the domestic and neighboring country output of granted patents in the “related energy machinery field”. The econometric analysis, a Poisson fixed-effects estimator based on the Hausman, Hall and Griliches (1984) method, relies on a data set consisting of eight countries in Western Europe with the highest rates of patent production in the field of wind power between 1978 and 2008. The results show that an accumulation of a national wind power stock is a statistically significant negative determinant of a country’s related energy machinery patenting outcomes. However, no crowding out effects of public R&D spending were found

sted, utgiver, år, opplag, sider
2018.
Emneord [en]
knowledge spillovers, wind power, R&D, patents, renewable energy, innovation
HSV kategori
Forskningsprogram
Nationalekonomi
Identifikatorer
URN: urn:nbn:se:ltu:diva-69704OAI: oai:DiVA.org:ltu-69704DiVA, id: diva2:1221458
Konferanse
41st International IAEE conference, Groningen, 10-13 June 2018
Merknad

USAEE Working Paper.

Tilgjengelig fra: 2018-06-20 Laget: 2018-06-20 Sist oppdatert: 2018-06-26bibliografisk kontrollert

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fulltext(526 kB)45 nedlastinger
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https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3198419

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Grafström, Jonas

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