In Defense of Electricity as a General Purpose Technology
Kander, Astrid LU ; Enflo, Kerstin LU
and Schön, Lennart
(2007)
In CIRCLE Electronic Working Paper Series
2007/06.
- Abstract
- Electricity has been regarded as a typical example of a general purpose technology and important for the surge both in energy productivity and overall productivity in the American economy in the 1920s. This view was challenged by Nicholas and Moser (2004) based on patent statistics. We argue that other methods are required for studying productivity effects and propose cointegration analyses. We demonstrate a clear impact from electrification on energy productivity in those broad Swedish industrial branches that used electricity for multiple uses. This effect goes beyond mere book-keeping effects and indicates the existence of dynamic effects.
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/940218
- author
- Kander, Astrid
LU
; Enflo, Kerstin
LU
and Schön, Lennart
- organization
- publishing date
- 2007
- type
- Working paper/Preprint
- publication status
- published
- subject
- keywords
- electricity, GPT, productivity, cointegration, dynamic effects
- in
- CIRCLE Electronic Working Paper Series
- volume
- 2007/06
- publisher
- Center for Innovation Research and Competence in the Learning Economy (utgivare)
- ISSN
- 1654-3149
- language
- English
- LU publication?
- yes
- id
- 232a8b16-0a85-4b3f-9ebb-2bb1f5c0c42f (old id 940218)
- alternative location
- http://www.circle.lu.se/upload/CIRCLE/workingpapers/200706_Kander_et_al.pdf
- date added to LUP
- 2016-04-01 17:13:00
- date last changed
- 2021-10-01 02:19:53
@misc{232a8b16-0a85-4b3f-9ebb-2bb1f5c0c42f,
abstract = {{Electricity has been regarded as a typical example of a general purpose technology and important for the surge both in energy productivity and overall productivity in the American economy in the 1920s. This view was challenged by Nicholas and Moser (2004) based on patent statistics. We argue that other methods are required for studying productivity effects and propose cointegration analyses. We demonstrate a clear impact from electrification on energy productivity in those broad Swedish industrial branches that used electricity for multiple uses. This effect goes beyond mere book-keeping effects and indicates the existence of dynamic effects.}},
author = {{Kander, Astrid and Enflo, Kerstin and Schön, Lennart}},
issn = {{1654-3149}},
keywords = {{electricity; GPT; productivity; cointegration; dynamic effects}},
language = {{eng}},
note = {{Working Paper}},
publisher = {{Center for Innovation Research and Competence in the Learning Economy (utgivare)}},
series = {{CIRCLE Electronic Working Paper Series}},
title = {{In Defense of Electricity as a General Purpose Technology}},
url = {{https://lup.lub.lu.se/search/files/4910645/4406982.pdf}},
volume = {{2007/06}},
year = {{2007}},
}