Jim Turnure Principal, Energy Group



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Scope and Limitations

  • This literature review focused primarily on major economics journals:
  • Another example of meta-data that can be useful in this context is “The Modern History of Energy Conservation: An Overview for information Professionals” by Donald R. Wulfinghoff. This document explains major information sources and their relative strengths and weaknesses, encompassing dedicated energy efficiency journals, trade and advocacy sources.

Research Methodology

  • ICF Consulting’s professional library and research staff carried out the initial phase of the literature review.
  • The Econolit on-line data service was searched using keywords such as ‘Coase Theorem’, ‘Technology’, ‘Research and Development’ and ‘Market Barriers’.
  • The initial search resulted in a citation list of over 300 candidate articles. This initial bibliography was narrowed to approximately 90 relevant cites, and these were then collected from university libraries and other sources.
  • Relevant articles were sorted into major categories and reviewed; key articles in each category were summarized for the draft report.

‘Schools of Economics’

  • Economic theory has advanced along a number of fronts, forming a series of theoretical approaches that can be termed competing schools of thought.
  • Understanding these competing schools of thought is a useful starting point for developing analytic frameworks and how technological change should be represented in baselines for R&D benefits measurement.
  • The themes outlined in this presentation are meant to be suggestive rather than definitive. Other categorizations can be equally useful; the intent here is to establish a starting point for discussion and a guide to more information.

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