Rank, Stock, Order, and Epidemic Effects in the Diffusion of New Process Technologies: An Empirical Model

Karshenas, Massoud; Stoneman, Paul

doi:10.2307/2555742

Cited by 360 publications

(364 citation statements)

References 12 publications

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“…Stoneman and Battisti (1997) and later on Battisti (2000) have shown that this approach provides only a partial explanation (if any) of the intra-firm process and that an equilibrium profitability based approach can provide a better explanation of the diffusion process. Karshenas and Stoneman (1993) classify the inter-firm equilibrium models present in the literature into three main approaches. Their common ground is that at a point in time diffusion extends only to the point where it is profitable (or most profitable) to adopt the new technology.…”

Section: An Integrated Diffusion Modelmentioning

confidence: 99%

“…Following Karshenas and Stoneman (1993) For simplicity, assume that the potential investor has myopic expectations on both adoption costs and the gross profit gains (see Ireland and Stoneman, 1986, for a relaxation of this assumption) and is risk neutral (see Stoneman, 1981, for a more formal model with uncertainty), with all potential adopters being price takers. Define П ij (t) as the gross expected profit gain in time t to firm i in industry j from (i) the use of a first unit of a new technology if a non-user or (ii) the extension of use of a new technology by one unit if already a user.…”

Section: An Integrated Diffusion Modelmentioning

confidence: 99%

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e-Business usage across and within firms in the UK: profitability, externalities and policy

2009

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Using data from the third UK Community Innovation Survey we model the usage of e-business across and within firms in the UK in the year 2000 as a single observation upon an integrated process of inter-and intra-firm diffusion. The intra-firm dimension is a significant extension to standard analysis. The model estimates indicate that the pattern of ebusiness usage reflects the heterogeneity of firms in terms of size, other innovative activity and labour force skills (generating differences in the payoffs to use) as well as market and non-market intermediated externalities. The policy implications of the findings are discussed. JEL Classification: O3

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Section: An Integrated Diffusion Modelmentioning

confidence: 99%

Section: An Integrated Diffusion Modelmentioning

confidence: 99%

e-Business usage across and within firms in the UK: profitability, externalities and policy

2009

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“…These models fail to take into account time-variance in certain characteristics, as it is possible that a household may choose not to invest (Y = 0) at a time t in order to generate a greater net present value at a later date. For a discussion of this type of duration analysis Karshenas and Stoneman (1993) provide a detailed review of modelling technology di usion.…”

Section: It Is Apparent Frommentioning

confidence: 99%

“…These studies generally look at whether a household makes a decision to engage in any retro t measures, regardless of intensity. This literature exists within a wider literature on technology adoption, which is dominated by duration analysis (Hannan and McDowell, 1984;Karshenas and Stoneman, 1993;Kerr and Newell, 2003;Rose and Joskow, 1988). Within the more speci c eld of residential EEM adoption, there exists a greater variety of analyses.…”

Section: Introductionmentioning

confidence: 99%

An examination of energy efficiency retrofit depth in Ireland

Collins

Curtis

2016

Energy and Buildings

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Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in An Examination of Energy Efficiency Retrofit Depth in Ireland Matthew Collins* and John CurtisAbstract: This study examines energy efficiency retrofit depth in Ireland using data from a national residential grant scheme for energy efficiency upgrades. We specifically examine both the number of retrofit measures adopted per dwelling, and also the comprehensiveness of retrofits upgrades, which are retrofits in excess of the most common and simple retrofit combinations. We find that certain obligated parties, who are obliged by the State to reduce energy consumption in Ireland, vary both positively and negatively in terms of number of retrofit measures relative to private retrofits, but perform negatively with regard to comprehensive retrofits. All parties are found to perform negatively with regard to comprehensive retrofits, relative to private applications. Newer homes, relative to older homes are more likely to invest in more retrofit measures but less likely to engage in more comprehensive retrofits. Regionally, homes in the Greater Dublin Area are less likely to undertake more retrofit measures but more likely to engage in more comprehensive retrofits, while the opposite is true of rural areas. A seasonal trend also exists, with applications made during autumn and winter much less likely to be made for more comprehensive retrofits. Demand for more measures and more comprehensive retrofits does not appear to be affected by financial incentives as the introduction of a bonus for three-and four-measure retrofits has not coincided with any increases in the demand for such retrofits.

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“…We examine initial adoption and subsequent intensification of commercial use of the internet by companies, working in the theoretical framework of Karshenas and Stoneman (1993) which divides influences on diffusion into rank, stock, order, and epidemic effects. The framework is applied to initial adoption and intensification in separate equations, as in Battisti et al (2007) and Hollenstein and Woerter (2008).…”

Section: Introductionmentioning

confidence: 99%

Determinants of initial technology adoption and intensification: evidence from Latin America and the Caribbean

Waters

2016

Economics of Innovation and New Technology

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In this paper we examine determinants of initial adoption and subsequent intensification of commercial use of the internet. In contrast to previous examinations that have looked at initial adoption and intensification in the highest income countries, we study companies in Latin America and the Caribbean and so contribute to empirical understanding of the two types of adoption. Many variables such as company size and industry intensification previously identified as influential in high income regions continue to be important determinants. Novel determinants are also found, including informal sector competition and regional influence. There are sharp differences in determinants between the two adoption types.

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Rank, Stock, Order, and Epidemic Effects in the Diffusion of New Process Technologies: An Empirical Model

Cited by 360 publications

References 12 publications

e-Business usage across and within firms in the UK: profitability, externalities and policy

e-Business usage across and within firms in the UK: profitability, externalities and policy

An examination of energy efficiency retrofit depth in Ireland

Determinants of initial technology adoption and intensification: evidence from Latin America and the Caribbean

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