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Variety and the evolution of refinery processing
[[Variété et évolution des procédés de raffinage]]

Author

Listed:
  • Phuong Nguyen

    (Inconnu)

  • Pier Paolo Saviotti

    (GAEL - Laboratoire d'Economie Appliquée = Grenoble Applied Economics Laboratory - UPMF - Université Pierre Mendès France - Grenoble 2 - INRA - Institut National de la Recherche Agronomique - CNRS - Centre National de la Recherche Scientifique)

  • Michel Trommetter

    (GAEL - Laboratoire d'Economie Appliquée = Grenoble Applied Economics Laboratory - UPMF - Université Pierre Mendès France - Grenoble 2 - INRA - Institut National de la Recherche Agronomique - CNRS - Centre National de la Recherche Scientifique)

  • Bernard Bourgeois

    (Inconnu)

Abstract

Evolutionary theories of economic development stress the role of variety as both a determinant and a result of growth. In this paper we develop a measure of variety, based on Weitzman's maximum likelihood procedure. This measure is based on the distance between products, and indicates the degree of differentiation of a product population. We propose a generic method, which permits to regroup the products with very similar characteristics values before choosing randomly the product models to be used to calculate Weitzman's measure. We apply the variety measure to process characteristics of oil refining. The results obtained for this technology show classic evolutionary specialization patterns that can be understood on the basis of niche theory. Here the changes in variety are related to changes in the range of the services the technology considered can deliver, range which plays a role similar to that of the size of the habitat of a biological species.

Suggested Citation

  • Phuong Nguyen & Pier Paolo Saviotti & Michel Trommetter & Bernard Bourgeois, 2005. "Variety and the evolution of refinery processing [[Variété et évolution des procédés de raffinage]]," Post-Print hal-02682018, HAL.
  • Handle: RePEc:hal:journl:hal-02682018
    DOI: 10.1093/icc/dth059
    Note: View the original document on HAL open archive server: https://hal.inrae.fr/hal-02682018
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    References listed on IDEAS

    as
    1. By Michael Funke & Ralf Ruhwedel, 2001. "Product Variety and Economic Growth: Empirical Evidence for the OECD Countries," IMF Staff Papers, Palgrave Macmillan, vol. 48(2), pages 1-1.
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