Price- and Policy-Induced Innovations: The Case of U.S. Biofuel

Using patent counts and citation data from 1977 to 2011, we explore the determining factors of innovative activities of the U.S. biofuel industry. We take into account both demand-side factorsÑ such as crude-oil price, government R&D expenditure on biofuel, and federal-level support policiesÑand...

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Bibliographic Details
Main Authors: Heesun Jang, Xiaodong Du
Format: Article
Language:English
Published: Western Agricultural Economics Association 2013-12-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/165929