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Finding Mr. Schumpeter: technology adoption in the cement industry
The RAND Journal of Economics ( IF 2.250 ) Pub Date : 2021-03-23 , DOI: 10.1111/1756-2171.12362
Jeffrey T. Macher 1 , Nathan H. Miller 1 , Matthew Osborne 2
Affiliation  

We examine the adoption of fuel‐efficient precalciner kilns in the cement industry using the universe of adoption decisions in the United States over 1973–2013. We find that cement plants are more likely to adopt the technology if fuel costs are high, nearby competitors are few, and local demand conditions are favorable. We relate the findings to the Schumpeterian and induced innovation hypotheses regarding the effects of competition and factor prices. Our results suggest firms may be most responsive to factor prices under advantageous competitive and demand conditions.

中文翻译:

寻找熊彼特先生:水泥行业的技术采用

我们使用1973-2013年间美国的采纳决定,研究了水泥工业中省油型分解炉的采用情况。我们发现,如果燃料成本高,附近竞争对手很少并且本地需求条件有利,那么水泥厂更可能采用该技术。我们将研究结果与熊彼特主义联系起来,并得出了关于竞争和要素价格影响的创新假设。我们的结果表明,在有利的竞争和需求条件下,企业可能对要素价格最敏感。
更新日期:2021-03-31
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