Does permanent income spur innovation?
Leon Taylor ()
Development and Comp Systems from University Library of Munich, Germany
From 1932 through 1957, purchases of gasoline and motor oil may have related to transitory income, perhaps through impulsive purchases. This relation may have affected innovations to refine oil.
Keywords: permanent; income; innovation; patents; oil; refining (search for similar items in EconPapers)
JEL-codes: N52 O33 (search for similar items in EconPapers)
Pages: 8 pages
Note: Type of Document - Microsoft Word 2000; prepared on Compaq Presario 1200; to print on HP; pages: 8; figures: 4 included
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:wpa:wuwpdc:0105005
Access Statistics for this paper
More papers in Development and Comp Systems from University Library of Munich, Germany
Bibliographic data for series maintained by EconWPA ().