000295204 001__ 295204
000295204 005__ 20180128220033.0
000295204 037__ $$aBOOK
000295204 245__ $$aThe impact of energy prices on product innovation$$bevidence from the UK refrigerator market
000295204 260__ $$aGeneva$$bThe Graduate Institute of International and Development Studies, Centre for International Environmental Studies$$c2017
000295204 269__ $$a2017
000295204 300__ $$a29 p.
000295204 336__ $$aPapers and Reports
000295204 490__ $$aCIES Working Paper ; 51
000295204 520__ $$aThis paper uses product-level data from the UK refrigerator market to evaluate the impact of electricity prices on product innovation. Our best estimate is that a 10% increase in the electricity price reduces the average energy consumption of commercialized refrigerator models by 2%. A large share of this reduction is explained by a reduction of freezing space. We also show that the exit of energy-inefficient products contributes more to energy reduction than the launch of new energy-efficient models. These findings suggest that innovation – the development of better technologies embodied in new products - does not respond strongly to energy price variations.
000295204 700__ $$aCohen, François
000295204 700__ $$aGlachant, Matthieu
000295204 700__ $$aSoderberg, Magnus
000295204 8560_ $$fclaude.aeschlimann@graduateinstitute.ch
000295204 8564_ $$uhttp://repository.graduateinstitute.ch/record/295204/files/CIES_RP_51_Cohen.pdf
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000295204 901__ $$uCentre for International Environmental Studies
000295204 909CO $$ooai:repository.graduateinstitute.ch:295204$$pIHEID:Infonet
000295204 937__ $$aWP-2017-101
000295204 980__ $$aINFONET
000295204 980__ $$aWP