Noll, Bessie, Bjarne Steffen, and Tobias S. Schmidt. The effects of local interventions on global technological change through spillovers A modeling framework and application to the road-freight sector (2023)

Objective:

• Devise a framework and methodological approach to quantifying the effects of local demand-side interventions on global competition between incumbent and novel technologies

Case:

• China, EU, US, India and Brazil

Methodology:

• Simulation
  • Spillover impacts

Data Source

• In code

Findings:

• EV experiences growth in light- and medium-duty application segments absent intervention, reaching ~60% global market share of new vehicles sold by 2035

• EV growth can be further accelerated through policy intervention
• Spillover impacts occur if strong policies are introduced in large market
• Cooperative interventions in policy clubs can enhance spillover effects
• Free exchange of goods and knowledge plays important role

Coding Reference:

• Python