An empirical analysis for national energy R&D expenditures
by Jiu-Tian Zhang, Ying Fan, Yi-Ming Wei
International Journal of Global Energy Issues (IJGEI), Vol. 25, No. 1/2, 2006

Abstract: This paper focuses on the government R&D expenditures and analyses the dynamic reaction patterns of energy R&D in several countries to oil shocks and shows that the oil shocks served as a strong incentive to promote energy R&D. But on the other hand, it suggests the myopic behaviour of government in energy R&D. We further analyse the trends of energy R&D portfolio in both technology dimension and country. The result shows a trend of technological variety, but fewer countries have invested in energy R&D, and those countries tend to invest in their favoured technologies.

Online publication date: Thu, 15-Dec-2005

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