Ek, Kristina; Söderholm, Patrik - In: Ecological Economics 69 (2010) 12, pp. 2356-2362
The objective of this paper is to analyze the role of technology learning in European wind power generation in the presence of public R&D. A Cobb-Douglas cost function is employed to derive a learning curve model for wind power, thus illustrating how the investment costs for this technology are...