RANK, STOCK, ORDER AND EPIDEMIC EFFECTS IN THE DIFFUSION OF NEW PROCESS TECHNOLOGIES: AN EMPIRICAL MODEL
构建了一个技术采纳的持续时间模型,整合了需求侧扩散理论的主要因素,并应用于英国工程行业数控技术的扩散数据,发现排名和内生学习效应显著,而存量和顺序效应证据不足。
In this paper we set up a general duration model of technology adoption which incorporates the main factors discussed in the different demand side theories of diffusion of new process technologies. The model is applied to the data on diffusion of CNC in the UK engineering industry. It is found that while there is strong evidence for the rank and endogenous learning effects, there seems to be little evidence in support of the stock and order effects, as characterized by the game theoretic models.