Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/266648 
Year of Publication: 
2022
Series/Report no.: 
ZEW Discussion Papers No. 22-058
Publisher: 
ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung, Mannheim
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.
Subjects: 
Wind power
renewable energy
climate policy
co-benefits
employment
JEL: 
C23
H23
Q42
Q48
Document Type: 
Working Paper

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