TY  - RPRT
        AU  - May, Nils G.
AU  - Nilsen, Øivind Anti
        TI  - The Local Economic Impact of Wind Power Deployment
        PY  - 2015/Apr/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 9025
        UR  - https://www.iza.org/index.php/publications/dp9025
        AB  - Globally installed wind power capacity has grown tremendously since 2000. This study focuses on the local economic impacts of wind power deployment. A theoretical model shows that wind power deployment is not necessarily driven by locally-accruing economic payoffs, but also by other factors such as emphasis on environmentally-friendly energy production and its associated benefits. The theoretical analysis is followed by an empirical analysis using German county-level panel data. After controlling for a set of observable and unobservable factors, the results state that wind power installation has no impact on GDP per capita. These findings support the predictions from the theoretical model: local economic impacts cannot alone explain the observed increase in wind power capacity.
        KW  - wind power
KW  - economic development
KW  - panel data
        ER  -