CATALYZING ECONOMIC AND ENVIRONMENTAL INSIGHTS: APPLICATIONS OF IMPLAN'S ENVIRONMENTALLY EXTENDED INPUT-OUTPUT (EEIO) MODELING FOR ENERGY PRODUCTION SCENARIOS

Tuyen Pham ()
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Tuyen Pham: Assistant Professor of Research, Voinovich School of Leadership and Public Service Ohio University, Athens Ohio, United States of America

Regional Science Inquiry, 2024, vol. XVI, issue 1, 99-106

Abstract: In the United States, regional scientists and economists frequently employ IMPLAN, a proprietary input-output (I-O) software, for assessing the economic ramifications of diverse interventions on the local economy. IMPLAN has recently incorporated the Environmental Protection Agency’s (EPA) Environmentally Extended Input-Output (EEIO) modeling as an optional extension within their subscription service. In this paper, we compare coal vs. solar production scenarios in Ohio (a state in the United States) as a case study to illustrate the seamless integration of EEIO modeling with traditional I-O modeling, showcasing its enhanced capabilities for evaluating economic and environmental impacts. In the case of Ohio, we found that the state’s plans to increase solar energy capacity and decrease coal energy capacity have a net positive impact on its economy when considering both economic and environmental aspects.

Keywords: Input-output; coal; solar; environmental impact (search for similar items in EconPapers)
JEL-codes: C67 E01 P18 R15 (search for similar items in EconPapers)
Date: 2024
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