How to accelerate green technology diffusion? Directed technological change in the presence of coevolving absorptive capacity

Hötte K (2019)
Energy Economics: 104565.

Zeitschriftenaufsatz | E-Veröff. vor dem Druck| Englisch
 
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Abstract / Bemerkung
The time window for effective climate change mitigation is closing. Technological change needs to be accelerated to limit global warming to a manageable level. Path dependence of technological change is one explanation for sluggish diffusion of green technologies. Firms acquire capital that differs by technology type and build up type-specific technological know-how needed to use capital efficiently. Path dependence emerges from cumulative knowledge stocks manifested in the productivity of supplied capital and firms’ capabilities. Increasing returns arise from induced innovation feedbacks and learning by doing. Relatively lower endowments with technological knowledge are a barrier to diffusion for new technologies. This paper shows how the evolution of relative stocks of technological knowledge explains different shapes of diffusion curves. Using an eco-technology extension of the macroeconomic agent-based model Eurace@unibi, it is shown how the effectiveness of different climate policies depends on the type and strength of diffusion barriers. Environmental taxes can outweigh lower productivity and subsidies perform better if lacking capabilities hinder firms to adopt a sufficiently mature technology.
Erscheinungsjahr
2019
Zeitschriftentitel
Energy Economics
Art.-Nr.
104565
ISSN
0140-9883
Page URI
https://pub.uni-bielefeld.de/record/2939047

Zitieren

Hötte K. How to accelerate green technology diffusion? Directed technological change in the presence of coevolving absorptive capacity. Energy Economics. 2019: 104565.
Hötte, K. (2019). How to accelerate green technology diffusion? Directed technological change in the presence of coevolving absorptive capacity. Energy Economics, 104565. doi:10.1016/j.eneco.2019.104565
Hötte, K. (2019). How to accelerate green technology diffusion? Directed technological change in the presence of coevolving absorptive capacity. Energy Economics:104565.
Hötte, K., 2019. How to accelerate green technology diffusion? Directed technological change in the presence of coevolving absorptive capacity. Energy Economics, : 104565.
K. Hötte, “How to accelerate green technology diffusion? Directed technological change in the presence of coevolving absorptive capacity”, Energy Economics, 2019, : 104565.
Hötte, K.: How to accelerate green technology diffusion? Directed technological change in the presence of coevolving absorptive capacity. Energy Economics. : 104565 (2019).
Hötte, Kerstin. “How to accelerate green technology diffusion? Directed technological change in the presence of coevolving absorptive capacity”. Energy Economics (2019): 104565.
Material in PUB:
Zitiert
Zitiert
How to accelerate green technology diffusion? An agent-based approach to directed technological change with coevolving absorptive capacity
Hötte K (2019) Universität Bielefeld Working Papers in Economics and Management; 01-2019.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Zitiert
Skill transferability and the stability of transition pathways. A learning-based explanation for patterns of diffusion
Hötte K (2019) Universität Bielefeld Working Papers in Economics and Management; 09-2019.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Zitiert
Eurace@unibi-eco: A model of technology transitions. V1.1. Model documentation
Hötte K (2019) Universität Bielefeld Working Papers in Economics and Management; 08-2019.
Bielefeld: Bielefeld University, Department of Business Administration and Economics.
Zitiert

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