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Cited by 275

The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.

Policy‐Induced Technology Adoption: Evidence from the U.S. Lead Phasedown

Open access
Kerr, Suzi, Newell, Richard G.·2003·The Journal of Industrial Economics

Abstract

Theory suggests that economic instruments, such as pollution taxes or tradable permits, can provide more efficient technology adoption incentives than conventional regulatory standards. We explore this issue for an important industry undergoing dramatic decreases in allowed pollution – the U.S. petroleum industry's phasedown of lead in gasoline. Using a duration model applied to a panel of refineries from 1971–1995, we find that the pattern of technology adoption is consistent with an economic response to market incentives, plant characteristics, and alternative policies. Importantly, evidence suggests that the tradable permit system used during the phasedown provided incentives for more efficient technology adoption decisions.

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Metadata

Authors
Kerr, S., & Newell, R. G.
Venue
The Journal of Industrial Economics
Publisher
Wiley
Published
2003-09
Volume
51
Issue
3
Pages
317-343
ISSN
  • 0022-1821 (ISSN-L)
  • 1467-6451
OpenAlex
W3121869254
Cited by
275
References
1
FWCI
25.45
Type
journal article
Language
en
Open access
bronze

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CoChat. (2026). Citation check: Policy‐Induced Technology Adoption: Evidence from the U.S. Lead Phasedown. https://app.cochat.ai/papers/10.1111/1467-6451.00203
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Kerr, S., & Newell, R. G. (2003). Policy‐Induced Technology Adoption: Evidence from the U.S. Lead Phasedown. The Journal of Industrial Economics. https://doi.org/10.1111/1467-6451.00203

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.