Demand-driven Technical Change and Productivity Growth: Theory and Evidence from the Energy Policy Act
(2020)
Journal Article
Impullitti, G., Kneller, R., & McGowan, D. (2020). Demand-driven Technical Change and Productivity Growth: Theory and Evidence from the Energy Policy Act. Journal of Industrial Economics, 68(2), 328-363. https://doi.org/10.1111/joie.12231
We present novel evidence on the effect of market size on technology adoption and productivity. Our tests exploit a natural experiment in the US corn industry where changes to national energy policy created exogenous increases in demand. Difference-i... Read More about Demand-driven Technical Change and Productivity Growth: Theory and Evidence from the Energy Policy Act.