Induced R&D in Automobiles

  • Thummim Cho
  • Published 2012

Abstract

Several papers report that energy price and environmental regulations in the automobile industry have induced energy-saving innovations using some measure of innovation output (e.g., Greene 1990, Berry et al. 1996, Popp 2002). In contrast, Crabb and Johnson (2010) recently found no evidence of induced innovation in a model of dynamic patenting. In the hope… (More)

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10 Figures and Tables