IDEAS home Printed from https://ideas.repec.org/a/taf/conmgt/v34y2016i2p79-97.html
   My bibliography  Save this article

Macroeconomic effects of energetic building retrofit: input-output sensitivity analyses

Author

Listed:
  • Johannes Hartwig
  • Judit Kockat

Abstract

Energy efficiency measures in buildings are essential for climate protection, but are not always recognized by the investor in common profitability calculations. To provide a quantitative scientific base for policymakers, the aim is to identify and quantify the impact of these measures on Germany’s economy with a static open input-output model. Moreover, this investigation analyses how much the chosen base year affects the calculated macroeconomic impact, to obtain a clearer view of involved dynamics. The energy efficiency measures in buildings and their impact on energy demand and investments were simulated in the bottom-up building model INVERT/EE-Lab up to 2020. The methodological addition of this research is to identify and map the resulting impulses to the according macroeconomic sectors. Based on this stimulus a static input-output analysis is conducted using a range of base years. The results show that efficiency measures in buildings have a significant positive effect on macroeconomic key figures. The magnitude of the calculated impact depends on chosen base year data and varies for value added and employment. As a conclusion, the macroeconomic impact constitutes a co-benefit supporting the economic attractiveness of energy efficiency. However, studies based on a single base year dataset like many computable general equilibrium models may need to reflect the errors caused by that choice.

Suggested Citation

  • Johannes Hartwig & Judit Kockat, 2016. "Macroeconomic effects of energetic building retrofit: input-output sensitivity analyses," Construction Management and Economics, Taylor & Francis Journals, vol. 34(2), pages 79-97, February.
  • Handle: RePEc:taf:conmgt:v:34:y:2016:i:2:p:79-97
    DOI: 10.1080/01446193.2016.1144928
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/01446193.2016.1144928
    Download Restriction: Access to full text is restricted to subscribers.

    File URL: https://libkey.io/10.1080/01446193.2016.1144928?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Leontief, Wassily & Duchin, Faye, 1986. "The Future Impact of Automation on Workers," OUP Catalogue, Oxford University Press, number 9780195036237, November.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Perrier, Quentin & Quirion, Philippe, 2018. "How shifting investment towards low-carbon sectors impacts employment: Three determinants under scrutiny," Energy Economics, Elsevier, vol. 75(C), pages 464-483.
    2. Hartwig, Johannes & Kockat, Judit & Schade, Wolfgang & Braungardt, Sibylle, 2017. "The macroeconomic effects of ambitious energy efficiency policy in Germany – Combining bottom-up energy modelling with a non-equilibrium macroeconomic model," Energy, Elsevier, vol. 124(C), pages 510-520.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Tobias Maier & Anke M�nnig & Gerd Zika, 2015. "Labour Demand In Germany By Industrial Sector, Occupational Field And Qualification Until 2025 - Model Calculations Using The Iab/Inforge Model," Economic Systems Research, Taylor & Francis Journals, vol. 27(1), pages 19-42, March.
    2. María José Ibarrola-Rivas & Thomas Kastner & Sanderine Nonhebel, 2016. "How Much Time Does a Farmer Spend to Produce My food? An International Comparison of the Impact of Diets and Mechanization," Resources, MDPI, vol. 5(4), pages 1-13, December.
    3. Duchin, Faye & Lange, Glenn-Marie, 1995. "The choice of technology and associated changes in prices in the U.S. economy," Structural Change and Economic Dynamics, Elsevier, vol. 6(3), pages 335-357, August.
    4. Glenn-Marie Lange, 1998. "Applying an Integrated Natural Resource Accounts and Input-Output Model to Development Planning in Indonesia," Economic Systems Research, Taylor & Francis Journals, vol. 10(2), pages 113-134.
    5. Garry Mcdonald, 2010. "A didactic Input-Output model for territorial ecology analyses," Working Papers hal-00911640, HAL.
    6. Alexandre Tisserant & Stefan Pauliuk, 2016. "Matching global cobalt demand under different scenarios for co-production and mining attractiveness," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 5(1), pages 1-19, December.
    7. Faye Duchin, 2017. "Resources for Sustainable Economic Development: A Framework for Evaluating Infrastructure System Alternatives," Sustainability, MDPI, vol. 9(11), pages 1-15, November.
    8. Alexandre Tisserant & Stefan Pauliuk, 2016. "Matching global cobalt demand under different scenarios for co-production and mining attractiveness," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 5(1), pages 1-19, December.
    9. Rimler, Judit, 1999. "A munka jövője. Új fogalmak, feltételek, forgatókönyvek [The future of work. New concepts, conditions and scenarios]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(9), pages 772-788.
    10. Aykut Lenger, 2016. "The inter-industry employment effects of technological change," Journal of Productivity Analysis, Springer, vol. 46(2), pages 235-248, December.
    11. Pellegrino, Gabriele & Piva, Mariacristina & Vivarelli, Marco, 2012. "Young firms and innovation: A microeconometric analysis," Structural Change and Economic Dynamics, Elsevier, vol. 23(4), pages 329-340.
    12. Stanislav Edward Shmelev (ODID), "undated". "Environmentally Extended Input-Output Analysis of the UK Economy: Key Sector Analysis," QEH Working Papers qehwps183, Queen Elizabeth House, University of Oxford.
    13. Dostal, Werner, 1991. "Weiterbildungsbedarf im technischen Wandel," Mitteilungen aus der Arbeitsmarkt- und Berufsforschung, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 24(2), pages 304-316.
    14. Benoît Godin, 2010. "The Knowledge Economy: Fritz Machlup’s Construction of a Synthetic Concept," Chapters, in: Riccardo Viale & Henry Etzkowitz (ed.), The Capitalization of Knowledge, chapter 10, Edward Elgar Publishing.
    15. Muhammad Abdullah Khalid & Yousaf Ali, 2020. "Economic impact assessment of natural disaster with multi-criteria decision making for interdependent infrastructures," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 22(8), pages 7287-7311, December.
    16. Alan Manning, 2004. "We Can Work It Out: The Impact of Technological Change on the Demand for Low‐Skill Workers," Scottish Journal of Political Economy, Scottish Economic Society, vol. 51(5), pages 581-608, November.
    17. Moran, Daniel D. & Wackernagel, Mathis C. & Kitzes, Justin A. & Heumann, Benjamin W. & Phan, Doantam & Goldfinger, Steven H., 2009. "Trading spaces: Calculating embodied Ecological Footprints in international trade using a Product Land Use Matrix (PLUM)," Ecological Economics, Elsevier, vol. 68(7), pages 1938-1951, May.
    18. R J DiFrancesco & W P Anderson, 1999. "Developing Canada's Arctic Oil Reserves: An Assessment of the Interregional Economic Impacts," Environment and Planning A, , vol. 31(3), pages 459-476, March.
    19. Heinz Kurz, 2011. "Who is Going to Kiss Sleeping Beauty? On the 'Classical' Analytical Origins and Perspectives of Input-Output Analysis," Review of Political Economy, Taylor & Francis Journals, vol. 23(1), pages 25-47.
    20. repec:ebl:ecbull:v:15:y:2007:i:4:p:1-13 is not listed on IDEAS
    21. Dietmar Edler ; Tatjana Ribakova, 1992. "The Dynamic Input-Output LSD-Model with Reduction of Idle Capacity and Modified Decision Function," Discussion Papers of DIW Berlin 39, DIW Berlin, German Institute for Economic Research.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:conmgt:v:34:y:2016:i:2:p:79-97. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: http://www.tandfonline.com/RCME20 .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RCME20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.