Template-Type: ReDIF-Paper 1.0
Author-Name: Grant Allan
Author-Name-First: Grant
Author-Name-Last: Allan
Author-Email: grant.j.allan@strath.ac.uk
Author-Workplace-Name: Fraser of Allander Institute, University of Strathclyde
Author-Name: Michelle Gilmartin
Author-Name-First: Michelle
Author-Name-Last: Gilmartin
Author-Email: michelle.gilmartin@strath.ac.uk
Author-Workplace-Name: Fraser of Allander Institute, University of Strathclyde
Title: The regional employment impacts of renewable energy expenditures: The case for modelling
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 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.
Length: 60 pages
Creation-Date: 2011-08
Revision-Date: 
Publication-Status: Published
File-URL: http://www.strath.ac.uk/media/1newwebsite/departmentsubject/economics/research/researchdiscussionpapers/2011/11-29-Final.pdf
File-Format: Application/pdf
Number: 1129
Classification-JEL: C68; R11; R58
Keywords: Renewable energy policy; regional economic impacts; computable general equilibrium modelling.
Handle: RePEc:str:wpaper:1129