Local economic impacts of wind power deployment in Denmark

Claire Gavard, Jonas Göbel and Niklas Schoch

No 22-058, ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research

Abstract: An argument sometimes used to support renewable energy is that it may contribute to job creation. On the other hand, these technologies often face local opposition. On the case of Denmark, the country with the longest experience with wind power, the authors examine whether the installation of new turbines had local economic benefits. They use a quasi-experimental set-up and exploit time and regional variations at the municipal level. The authors find that the deployment of wind power contributed to the increase in personal income for entrepreneurs and some retirees. As municipalities received payments from wind investors ahead of the construction, the new wind revenues were followed by increases in local public spending. Regarding employment, the authors find very minor effects in some sectors but the aggregate local employment does not change significantly.

Keywords: Wind power; renewable energy; climate policy; co-benefits; employment (search for similar items in EconPapers)
JEL-codes: C23 H23 Q42 Q48 (search for similar items in EconPapers)
Date: 2022
New Economics Papers: this item is included in nep-ene, nep-env and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/266648/1/1824565763.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:zbw:zewdip:22058

Access Statistics for this paper

More papers in ZEW Discussion Papers from ZEW - Leibniz Centre for European Economic Research Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().