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The regional employment impacts of renewable energy expenditures: The case for modelling

Grant Jordan Allan () and Michelle Gilmartin

No 1129, Working Papers from University of Strathclyde Business School, Department of Economics

Abstract: One aspect of the case for policy support for renewable energy developments is the wider economic benefits that are expected to be generated. Within Scotland, as with other regions of the UK, there is a focus on encouraging domesticallyâ€based renewable technologies. In this paper, we use a regional computable general equilibrium framework to model the impact on the Scottish economy of expenditures relating to marine energy installations. The results illustrate the potential for (considerable) ‘legacy’ effects after expenditures cease. In identifying the specific sectoral expenditures with the largest impact on (lifetime) regional employment, this approach offers important policy guidance.

Keywords: Renewable energy policy; regional economic impacts; computable general equilibrium modelling. (search for similar items in EconPapers)
JEL-codes: C68 R11 R58 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-cmp, nep-cse, nep-ene, nep-env and nep-geo
Date: 2011-08
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