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arXiv · 2008.04639

Measuring Energy-saving Technological Change: International Trends and Differences

Emiko Inoue·Hiroya Taniguchi·Ken Yamada
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Abstract

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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Emiko Inoue, Hiroya Taniguchi, Ken Yamada. 2020-08-11. Measuring Energy-saving Technological Change: International Trends and Differences. https://doi.org/10.1016/j.jeem.2022.102709

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