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CORE Brown Bag Seminar - Kevin Genna, AMSE
By Fabrizio Ciotti

Kevin Genna


will give a presentation on

How does biased technological change affects energy production in the US? Evidence from patent data


Empirical literature about the energy transition has focused on the impact of energy prices or energy policy on the rate of technological change, see Popp (2009, 2019). However, very few papers have attempt to estimate the impact of technological progress on energy investment decisions. I am trying to fill this gap using an AutoRegressive Distributed Lags (ARDL) model on yearly US data. I estimate the elasticity of the renewable energy share in the US energy production with respect to biased technological progress, oil prices, GDP and domestic investments. Results show a short run elasticity of 0.31-0.34 for technology differential and of 0.004-0.006 for oil prices, while it rejects the presence of any long-run elasticity for these two variables. The main novelty of the paper lies in the computation of biased technological progress through USPTO patent, and its use to infer the behavior of the renewable energy share instead of its production.


To join the seminar, please follow the following instructions:

  1. If you are a member of the CORE Brown Bag team on Microsoft Teams, an invitation to the scheduled meeting has been sent.
  2. If you are not a member of the CORE BrownBag team on Microsoft Teams, please click here ( or write us an email.
  3. The interface of Teams is very similar to Skype. When the presenter starts the videoconference, you will see in the team page the button "join". Just press it and you will be inside the video conference.  
  4. By the start of the seminar, you should mute your microphone. This should be done to avoid echoing noise problems. Whenever you want to intervene, please raise your hand or write in the chat that you want to do so. The presenter will stop, you can unmute yourself and intervene.