  Technological change is essential to balance economic growth and
environmental sustainability. This study documents energy-saving technological
change to understand the trends and differences therein in OECD countries. We
estimate sector-level production functions with factor-augmenting technologies
using cross-country and cross-industry panel data and shift-share instruments,
thereby measuring energy-saving technological change for each country and
sector. Our results show how the levels and growth rates of energy-saving
technology vary across countries, sectors, and time. In addition, we evaluate
the extent to which factor-augmenting technologies contribute to economic
growth and how this contribution differs across countries and sectors.
