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- Kander, AstridLund University,Lunds universitet,Ekonomisk-historiska institutionen,Ekonomihögskolan,Department of Economic History,Lund University School of Economics and Management, LUSEM (author)
In Defense of Electricity as a General Purpose Technology
- BookEnglish2007
Publisher, publication year, extent ...
- 2007
- electronicrdacarrier
Numbers
- LIBRIS-ID:oai:lup.lub.lu.se:232a8b16-0a85-4b3f-9ebb-2bb1f5c0c42f
- https://lup.lub.lu.se/record/940218URI
Supplementary language notes
- Language:English
- Summary in:English
Part of subdatabase
- SwePubSwePub
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Series
- CIRCLE Electronic Working Paper Series,1654-3149
Notes
- 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.
Subject headings and genre
- SAMHÄLLSVETENSKAP Ekonomi och näringsliv Ekonomisk historia hsv//swe
- SOCIAL SCIENCES Economics and Business Economic History hsv//eng
- SAMHÄLLSVETENSKAP Annan samhällsvetenskap Tvärvetenskapliga studier inom samhällsvetenskap hsv//swe
- SOCIAL SCIENCES Other Social Sciences Social Sciences Interdisciplinary hsv//eng
- electricity
- GPT
- productivity
- cointegration
- dynamic effects
Added entries (persons, corporate bodies, meetings, titles ...)
- Enflo, KerstinLund University,Lunds universitet,Ekonomisk-historiska institutionen,Ekonomihögskolan,Department of Economic History,Lund University School of Economics and Management, LUSEM(Swepub:lu)ekh-kse (author)
- Schön, Lennart (author)
- Ekonomisk-historiska institutionenEkonomihögskolan (creator_code:org_t)
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