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Vintage Effects and the Diffusion of Time-Saving Technological Innovations: The Adoption of Optical Scanners by U.S. Supermarkets."

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Author Info
James G. Mulligan () (Department of Economics,University of Delaware)
Nilotpal Das ()

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Abstract

The diffusion literature implicitly assumes that a technological innovation remains homogeneous throughout the time period of the study with the sole modification being an assumed reduction in the real price of the technology over time. We argue that the technology can change in significant ways from one vintage to another to alter the nature of the diffusion process. We support this claim with estimates from non-parametric, semi-parametric and parametric duration models for the first generation of optical scanners installed in supermarkets in the U.S. between June 1974 and March 1985.

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File URL: http://www.lerner.udel.edu/economics/WorkingPapers/2004/UDWP2004-06.pdf
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Publisher Info
Paper provided by University of Delaware, Department of Economics in its series Working Papers with number 04-06.

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Length: 42 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:dlw:wpaper:04-06

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Related research
Keywords: Technological change;

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Find related papers by JEL classification:
O3 - Economic Development, Technological Change, and Growth - - Technological Change
L8 - Industrial Organization - - Industry Studies: Services

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Francesco Caselli & Wilbur John Coleman II, 2001. "Cross-Country Technology Diffusion: The Case of Computers," American Economic Review, American Economic Association, vol. 91(2), pages 328-335, May. [Downloadable!] (restricted)
    Other versions:
  2. Jennifer F. Reinganum, 1983. "Technology Adoption Under Imperfect Information," Bell Journal of Economics, The RAND Corporation, vol. 14(1), pages 57-69, Spring. [Downloadable!] (restricted)
    Other versions:
  3. Nancy L. Rose & Paul L. Joskow, 1990. "The Diffusion of New Technologies: Evidence from the Electric Utility Industry," RAND Journal of Economics, The RAND Corporation, vol. 21(3), pages 354-373, Autumn. [Downloadable!] (restricted)
    Other versions:
  4. Jennifer F. Reinganum, 1981. "Market Structure and the Diffusion of New Technology," Bell Journal of Economics, The RAND Corporation, vol. 12(2), pages 618-624, Autumn. [Downloadable!] (restricted)
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  5. Geroski, P. A., 2000. "Models of technology diffusion," Research Policy, Elsevier, vol. 29(4-5), pages 603-625, April. [Downloadable!] (restricted)
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  6. Levin, Sharon G & Levin, Stanford L & Meisel, John B, 1987. "A Dynamic Analysis of the Adoption of a New Technology: The Case of Optical Scanners," The Review of Economics and Statistics, MIT Press, vol. 69(1), pages 12-17, February. [Downloadable!] (restricted)
  7. Silvia Massini, 2004. "The diffusion of mobile telephony in Italy and the UK: an empirical investigation," Economics of Innovation and New Technology, Taylor and Francis Journals, vol. 13(3), pages 251-277, April. [Downloadable!] (restricted)
  8. Colombo, Massimo G & Mosconi, Rocco, 1995. "Complementarity and Cumulative Learning Effects in the Early Diffusion of Multiple Technologies," Journal of Industrial Economics, Blackwell Publishing, vol. 43(1), pages 13-48, March. [Downloadable!] (restricted)
  9. Hannan, Timothy H & McDowell, John M, 1987. "Rival Precedence and the Dynamics of Technology Adoption: An Empirical Analysis," Economica, London School of Economics and Political Science, vol. 54(214), pages 155-71, May. [Downloadable!] (restricted)
  10. Mulligan, James G., 1986. "Technical change and scale economies given stochastic demand and production," International Journal of Industrial Organization, Elsevier, vol. 4(2), pages 189-201, June. [Downloadable!] (restricted)
  11. Davidson, Carl, 1988. "Equilibrium in Servicing Industries: An Economic Application of Queuing Theory," Journal of Business, University of Chicago Press, vol. 61(3), pages 347-67, July. [Downloadable!] (restricted)
  12. Fudenberg, Drew & Tirole, Jean, 1985. "Preemption and Rent Equilization in the Adoption of New Technology," Review of Economic Studies, Blackwell Publishing, vol. 52(3), pages 383-401, July. [Downloadable!] (restricted)
  13. Cabral, Ricardo & Leiblein, Michael J, 2001. "Adoption of a Process Innovation with Learning-by-Doing: Evidence from the Semiconductor Industry," Journal of Industrial Economics, Blackwell Publishing, vol. 49(3), pages 269-80, September. [Downloadable!] (restricted)
  14. Georg Götz, 1999. "Monopolistic Competition and the Diffusion of New Technology," RAND Journal of Economics, The RAND Corporation, vol. 30(4), pages 679-693, Winter. [Downloadable!] (restricted)
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  15. Bergen, Mark & Levy, Daniel & Ray, Sourav & Rubin, Paul & Zeliger, Ben, 2006. "When Little Things Mean a Lot: On the Inefficiency of Item Pricing Laws," MPRA Paper 1158, University Library of Munich, Germany. [Downloadable!]
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  16. James G. Mulligan & Emmanuel Llinares, 2003. "Market Segmentation and the Diffusion of Quality-Enhancing Innovations: The Case of Downhill Skiing," The Review of Economics and Statistics, MIT Press, vol. 85(3), pages 493-501, 05. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Jonathan Beck & Michal Grajek & Christian Wey, 2005. "Hypermarket Competition and the Diffusion of Retail Checkout Barcode Scanning," Discussion Papers of DIW Berlin 523, DIW Berlin, German Institute for Economic Research. [Downloadable!]
    Other versions:
  2. James G. Mulligan & Nilotpal Das, 2005. "Persistent Adoption of Time-Saving Process Innovations," Working Papers 05-03, University of Delaware, Department of Economics. [Downloadable!]
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