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DOI | 10.1016/j.enpol.2020.111489 |
Will the locals benefit?: The effect of wind power investments on rural wages | |
Mauritzen J. | |
发表日期 | 2020 |
ISSN | 03014215 |
卷号 | 142 |
英文摘要 | An important and poorly understood question when communities consider wind power investments is whether the local population will benefit financially. I examine the effect of wind power investment on wages in rural counties in the US. I combine quarterly panel data on wages with data on all wind power plant investments larger than 1 megawatt (MW). Using a Bayesian multilevel model estimated by MCMC, I estimate a significant positive effect, with a magnitude consistent with a 2% permanent increase in wages following an investment in a large wind farm of 400 MW. However, this effect has large geographic and socioeconomic variation. Counties with low employment tend to see little impact on wages from wind power, potentially because slack in the labor market prevents wages from rising. From a policy perspective, these results are most relevant for local regulators and planners, who seek to balance the benefits and costs of wind farms to the community. This research indicates that wind farms can provide, on average, a modest boost to local wages, with some areas seeing an out-sized effect. © 2020 The Author |
关键词 | BayesianMCMCRuralWagesWind power |
英文关键词 | Economics; Electric utilities; Regression analysis; Rural areas; Wages; Wind power; Bayesian; Benefits and costs; Labor markets; Local populations; Multilevel model; Panel data; Wind farm; Wind power investments; Investments; Bayesian analysis; employment; investment; labor market; panel data; rural area; wage; wind farm; wind power; United States |
语种 | 英语 |
来源期刊 | Energy Policy |
文献类型 | 期刊论文 |
条目标识符 | http://gcip.llas.ac.cn/handle/2XKMVOVA/204773 |
作者单位 | Department of Accounting, Auditing and Business Analytics, BI Norwegian Business School, Post box 1254, Torgard, Trondheim, 7462, Norway; NHH Norwegian School of Economics, Department of Business and Management Science, Norway |
推荐引用方式 GB/T 7714 | Mauritzen J.. Will the locals benefit?: The effect of wind power investments on rural wages[J],2020,142. |
APA | Mauritzen J..(2020).Will the locals benefit?: The effect of wind power investments on rural wages.Energy Policy,142. |
MLA | Mauritzen J.."Will the locals benefit?: The effect of wind power investments on rural wages".Energy Policy 142(2020). |
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