The regional employment impacts of renewable energy expenditures: The case for modelling
AbstractOne 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 domestically‐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.
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Bibliographic InfoPaper provided by Scottish Institute for Research in Economics (SIRE) in its series SIRE Discussion Papers with number 2011-68.
Date of creation: 2011
Date of revision:
Renewable energy policy; regional economic impacts; computable general equilibrium modelling;
Other versions of this item:
- Grant Allan & Michelle Gilmartin, 2011. "The regional employment impacts of renewable energy expenditures: The case for modelling," Working Papers 1129, University of Strathclyde Business School, Department of Economics.
- Allan, Grant & Gilmartin, Michelle, 2011. "The regional employment impacts of renewable energy expenditures: The case for modelling," SIRE Discussion Papers 2011-72, Scottish Institute for Research in Economics (SIRE).
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy
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