Staff Publications

Staff Publications

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    'Staff publications' is the digital repository of Wageningen University & Research

    'Staff publications' contains references to publications authored by Wageningen University staff from 1976 onward.

    Publications authored by the staff of the Research Institutes are available from 1995 onwards.

    Full text documents are added when available. The database is updated daily and currently holds about 240,000 items, of which 72,000 in open access.

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Record number 345793
Title Energy-saving technology choices by Dutch glasshouse firms
Author(s) Pietola, K.; Oude Lansink, A.G.J.M.
Source Journal of Agricultural Economics 57 (2006)1. - ISSN 0021-857X - p. 129 - 144.
Department(s) Business Economics
Publication type Refereed Article in a scientific journal
Publication year 2006
Keyword(s) uncertainty - investment - adoption - industry - models - probabilities - simulation - efficiency - barriers - policies
Abstract This paper estimates a sequence of energy-saving technology choices by Dutch glasshouse firms. The model allows for time-constant, firm-specific effects and serial correlation of errors and it is estimated on panel data over the period 1991¿1995. The unobserved error sequences are simulated in the model in such a way that they are consistent with the observed choices. The results suggest that positive revenue shocks encourage adoption of new technologies. The choices also exhibit firm-specific persistency over time. An increase of the price of energy encourages the adoption of a highly efficient energy-saving technology. The probability of investing in energy-saving technologies also decreases with capital invested in structures (e.g. double glazing of glasshouses) and increases with capital in energy installations.
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