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In Defense of Electricity as a General Purpose Technology

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Author Info

  • Kander, Astrid

    ()
    (CIRCLE, Lund University)

  • Enflo, Kerstin

    ()
    (Lund University)

  • Schön, Lennart

    ()
    (CIRCLE, Lund University)

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. Wedemonstrate 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.

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Bibliographic Info

Paper provided by Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy in its series CIRCLE Electronic Working Papers with number 2007/6.

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Length: 30 pages
Date of creation: 01 Dec 2007
Date of revision:
Handle: RePEc:hhs:lucirc:2007_006

Contact details of provider:
Postal: CIRCLE, Lund University, PO Box 117, SE-22100 Lund, Sweden
Phone: +46 (0) 46 222 74 68
Web page: http://www.circle.lu.se/
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Related research

Keywords: electricity; GPT; productivity; cointegration; dynamic effects;

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Cited by:
  1. Martin , Roman & Trippl , Michaela, 2013. "System Failures, Knowledge Bases and Regional Innovation Policies," CIRCLE Electronic Working Papers 2013/13, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  2. Avdeitchikova , Sofia & Coenen, Lars, 2013. "Commercializing clean technology innovations – the emergence of new business in an agency-structure perspective," CIRCLE Electronic Working Papers 2013/6, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  3. Castelli , Cristina & Castellani, Davide, 2013. "The internationalisation of R&D: sectoral and geographic patterns of cross-border investments," CIRCLE Electronic Working Papers 2013/9, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  4. Andersson, Martin & Klaesson, Johan & P. Larsson, Johan, 2012. "How Local are Spatial Density Externalities? evidence from square grid data," CIRCLE Electronic Working Papers 2012/10, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  5. Schubert, Torben & Neuhaeusler, Peter, 2012. "Towards a Richer Specification of the Exploration/Exploitation Trade-off: Hidden Knowledge-based Aspects and Empirical Results for a Set of Large R&D-Performing Firms," CIRCLE Electronic Working Papers 2012/8, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  6. Roman Martin, 2012. "Measuring Knowledge Bases in Swedish Regions," European Planning Studies, Taylor & Francis Journals, vol. 20(9), pages 1569-1582, September.
  7. Andersson, Martin, 2013. "Start-up rates, Entrepreneurship Culture and the Business Cycle. Swedish patterns from national and regional data," CIRCLE Electronic Working Papers 2013/1, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  8. Chaminade, Cristina & de Fuentes, Claudia, 2012. "Competences as drivers and enablers of globalization of innovation: Swedish ICT industry and emerging economies," CIRCLE Electronic Working Papers 2012/6, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  9. Rekers, Josephine V., 2012. "Considering adoption: Towards a consumption-oriented approach to innovation," CIRCLE Electronic Working Papers 2011/14, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  10. Borrás, Susana & Edquist, Charles, 2013. "The Choice of Innovation Policy Instruments," CIRCLE Electronic Working Papers 2013/4, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  11. Brandt, Tasso & Schubert, Torben, 2012. "Is the University Model an Organizational Necessity? Scale and Agglomeration Effects in Science," CIRCLE Electronic Working Papers 2012/1, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  12. Coenen , Lars & Moodysson , Jerker & Martin , Hanna, 2013. "Renewal of mature industry in an old industrial region: regional innovation policy and the co-evolution of institutions and technology," CIRCLE Electronic Working Papers 2013/7, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  13. Chaminade, Cristina, 2012. "Exploring the role of regional innovation systems and institutions in global innovation networks," CIRCLE Electronic Working Papers 2011/15, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  14. Edquist , Charles & Zabala-Iturriagagoitia , Jon Mikel, 2012. "Why Pre-Commercial Procurement is notInnovation Procurement," CIRCLE Electronic Working Papers 2012/11, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  15. Chaminade, Cristina & Plechero, Monica, 2012. "Do regions make a difference? Exploring the role of different regional innovation systems in global innovation networks in the ICT industry," CIRCLE Electronic Working Papers 2012/2, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.
  16. J. Herstad , Sverre & Ebersberger , Bernd & Asheim, Bjørn, 2013. "MNC affiliation, knowledge bases and involvement in global innovation networks," CIRCLE Electronic Working Papers 2013/12, Lund University, CIRCLE - Center for Innovation, Research and Competences in the Learning Economy.

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