The DOI matches its Crossref record; 36 of the 36 references it cites were found in a registry or an index.
Induced Innovation and Energy Prices
Open accessAbstract
I use U.S. patent data from 1970 to 1994 to estimate the effect of energy prices on energy-efficient innovations. Using patent citations to construct a measure of the usefulness of the existing base of scientific knowledge, I consider the effect of both demand-side factors, which spur innovative activity by increasing the value of new innovations, and supply-side factors, such as scientific advancements that make new innovations possible. I find that both energy prices and the quality of existing knowledge have strongly significant positive effects on innovation. Furthermore, I show that omitting the quality of knowledge adversely affects the estimation results.
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In the citing paper
“In order to induce investments for innovation, a high carbon price is considered necessary (Popp, Citation2002).”
From Why does emissions trading under the EU Emissions Trading System (ETS) not affect firms' competitiveness? Empirical findings from the literature (2019) · cites this paper as Popp, 2002
In the citing paper
“The empirical literature confirms that increased energy price20, carbon tax21, and the EU ETS22 can facilitate low-carbon innovation.”
From Low-carbon innovation induced by emissions trading in China (2019) · cites this paper as [20]
Citations
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Cited by
Sorted by citations
Environmental Policy and Technological Change
Jaffe, A. B., Newell, R. G., & Stavins, R. N. (2002) · Environmental and Resource Economics · doi:10.1023/a:1015519401088 · Cited by 1,056
Technological Change and the Environment
Jaffe, A. B., Newell, R. G., & Stavins, R. N. (2000) · National Bureau of Economic Research · doi:10.3386/w7970 · Cited by 592
Low-carbon innovation induced by emissions trading in China
Zhu, J., Fan, Y., Deng, X., & Xue, L. (2019) · Nature Communications · doi:10.1038/s41467-019-12213-6 · Cited by 467
Martin, R., Muûls, M., de Preux, L. B., & Wagner, U. J. (2014) · American Economic Review · doi:10.1257/aer.104.8.2482 · Cited by 333
A World Induced Technical Change Hybrid Model
Bosetti, V., Carraro, C., Galeotti, M., Massetti, E., & Tavoni, M. (2006) · The Energy Journal · doi:10.5547/issn0195-6574-ej-volsi2006-nosi2-2 · Cited by 319
Metadata
- Authors
- Popp, D.
- Affiliations
- National Bureau of Economic Research (US)
- Corresponding author
- Popp, David
- ORCID
- Popp, David
- Venue
- American Economic Review
- Publisher
- American Economic Association
- Published
- 2002-02-01
- Volume
- 92
- Issue
- 1
- Pages
- 160-180
- ISSN
- 0002-8282 (ISSN-L)
- OpenAlex
- W2015597765
- Cited by
- 206
- References
- 36
- Citations by year
- 2026: 2 · 2025: 5 · 2024: 6 · 2023: 28 · 2022: 6 · 2021: 6 · 2020: 8 · 2019: 10 · 2018: 2 · 2017: 5 · 2016: 6 · 2015: 11 · 2014: 14 · 2013: 19 · 2012: 18
- FWCI
- 5.92
- Type
- journal article
- Language
- en
- Open access
- green
- doi.org
- Locations
- American Economic Review (publishedVersion)
- National Bureau of Economic Research (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- SSRN Electronic Journal (submittedVersion)
- Topics
- Physical Sciences › Energy › Renewable Energy, Sustainability and the Environment › Energy, Environment, and Transportation Policies
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Market Dynamics and Volatility
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Energy, Environment, Economic Growth
- Keywords
- induced innovation, energy prices, energy innovation, energy efficiency
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