haku: @journal_id 3951 / yhteensä: 126
viite: 72 / 126
| Tekijä: | Biderman, C. Polenske, K.R. Rockler, N.O. |
| Otsikko: | Demand and cost impacts of the 2 mm technology program in the US motor-vehicle market |
| Lehti: | Economics of innovation and new technology
2005 : OCT, VOL. 14:7, p. 637-655 |
| Asiasana: | motor vehicles industry car industry technology research co-operation USA |
| Kieli: | eng |
| Tiivistelmä: | This study assesses the impact on demand and producers' costs (here as: p-cs.) of a new technology implemented in the U.S. auto industry, the 2 mm program, being a fascinating case due to the unique collaboration among public agencies and a consortium (as: cons.) of manufacturers and universities. Using a type of hedonic price model for demand, it is shown that the new technology was responsible for a short-lived demand increase for vehicles produced by U.S. automakers at increased p-cs. Firms refusing to participate in the cons. attained smaller net gains implementing the technology independently. Overall, this study's approach differs from that of previous analysts in: 1. separating demand from supply, 2. employing a comprehensive vehicle database (19811998), incl. data on virtually all vehicle models sold in the U.S., as well as data on plants' and producers' technology characteristics, and 3. relying on sales and production data rather than plant data. |
SCIMA