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Recent study of the history of technological change has provided better understanding of the driving forces for technological innovation, as well as quantitative estimates of historical rates of technical change. Although such results are widely used in long-term energy models to estimate future...
Persistent link: https://www.econbiz.de/10010809541
The use of log-linear experience curves (or learning curves) relating reductions in the unit cost of technologies to their cumulative production or installed capacity has become a common method of representing endogenous technical change in energy-economic models used for policy analysis. Yet,...
Persistent link: https://www.econbiz.de/10011039693