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Measuring the Energy Efficiency and Productivity Impacts of Embodied Technical Change

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  • Ernst Berndt
  • Charles Kolstad
  • Jong-Kun Lee

Abstract

Using data from the manufacturing sectors in the United States, Canada and France, we distinguish the energy efficiency and productivity impacts of embodied and unembodied technological progress. We find that technological progress embodied in new equipment is responsible for a surprisingly small proportion of productivity growth. We conclude the paper by interpreting this finding.

Suggested Citation

  • Ernst Berndt & Charles Kolstad & Jong-Kun Lee, 1993. "Measuring the Energy Efficiency and Productivity Impacts of Embodied Technical Change," The Energy Journal, International Association for Energy Economics, vol. 0(Number 1), pages 33-56.
    • Handle: RePEc:aen:journl:1993v14-01-a02
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    References listed on IDEAS

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    1. Morrison, Catherine J, 1992. "Unraveling the Productivity Growth Slowdown in the United States, Canada and Japan: The Effects of Subequilibrium, Scale Economies and Markups," The Review of Economics and Statistics, MIT Press, vol. 74(3), pages 381-393, August.
    2. Berndt, Ernst R. & Fuss, Melvyn A., 1986. "Productivity measurement with adjustments for variations in capacity utilization and other forms of temporary equilibrium," Journal of Econometrics, Elsevier, vol. 33(1-2), pages 7-29.
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